Category: Mid Day Charts
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This looks like a spike and channel up this morning. The dark blue channel has a break and new high, but there is a possibility that the light blue channel (spike and...
For now, this looks to be a range type day. Prices are currently trending lower, but if they find support and turn up again, this is likely to be a range day....
So far this looks to be a range day. It is also an inside bar on the daily chart at this point, so another clue that trading may be mixed today. Prices...
Prices continued to trend higher through the overnight session but turned down just at the regular session opening. There is a large gap on the chart that will need to be filled,...
It looks like there is some short covering going on this morning as prices are rallying. Short covering can often keep the rally extending for the day as people exit and take...
What looked like it might be mixed trading has turned into a down trend as of this post. The daily chart looks like a downward reversal bar at this point in time,...
While there is a very bearish tone hanging over the market, prices have been rallying for the past hour. With over a 100 point drop this morning in less than an hour,...
Today looks like another range type day. I would expect mixed trading and more volatility, just as we have seen in the past few days. Prices continue to be very oversold, so...
Today looks almost identical to yesterday’s chart and price action at this same time of day. Most likely the day will play out very similarly, but just be aware that sometimes the...
The trend and bias are currently down, although prices are still trading inside the overnight highs and lows, so it is possible this could still end up as a range day. Respect...