Category: Mid Day Charts
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The trend and bias are up strongly this morning, and the daily chart is hinting of a rally now as well, with a very strong reversal bar at this point in time....
Thus far, today appears to be another day of mixed trading. Today’s price action is currently another inside bar on the daily chart that looks like a doji at this point, but...
So much for yesterday being a possible reversal day. Prices started trending lower in the overnight session and are still trending lower as I am typing this up. The trend and bias...
Prices are pushing higher on a reversal from new overnight lows this morning. Prices finally made a new all-time low for this contract in a retest of the previous lows, so our...
Prices attempted to rally early, but quickly sold off again. This appears to be a range day at this point, so expect more mixed trading with volatile and quick moves in either...
Prices remain severely oversold, but this market also has a lot to be bearish about, so prices could continue to sell off and remain oversold for much longer than you might expect....
The selloff continues this morning. Prices continue to push lower in an attempt to retest the previous lows. At this point, we may even continue to make new lows, although I think...
The trend and bias have been down again this morning, but prices have been working mostly sideways since just after the regular session opening. I see a break of the large blue...
Prices have rallied some but are now finding resistance around the 3900.00 price level. If prices cannot get through the 3900.00 level, they will likely turn lower again, so for now, the...
The trend and bias are up this morning, but prices are still trading inside the overnight highs and lows, so this could end up as a range type day in the end....