Category: Mid Day Charts
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Thus far this looks to be a possible up day or maybe even range day. Prices are trending weakly higher, so we could continue to see this rally go a bit higher...
Today looks to be a range day so far. There are two legs up, but the second leg came up very short of a measured move, so if prices do not rally...
The selloff continues this morning, although prices seem to have found at least a temporary bottom. Prices are a bit oversold, so a correction would not be out of the question now....
As somewhat expected, prices have bounce and are trading higher today. Prices are still trading within in the overnight highs and lows and most of the upward movement came during the overnight...
Prices are still inching lower this morning, with a lot of sideways action mixed in as well. Prices tend to drop strongly, then just work sideways for a bit, so be careful...
So far today has turned out about how I expected, with prices being mostly sideways with some consolidation. That could change at any time, but for now I would describe today as...
The trend is down and down strongly this morning. Prices have found some support around the 4005.00 price level, but I would suspect that it is only temporary and that prices will...
Prices gapped lower at the opening on Sunday evening and spent most of the overnight session filling that gap. As soon as that gap was filled, prices turned lower again. My guess...
What started out looking to be a range day has suddenly turned into a substantial sell off with a good bit of volatility to go along with it. The daily chart now...
Prices are finding some follow through buying this morning, so it does appear we will get a bounce at a minimum on the daily chart. Prices look to be range bound, but...