Category: Mid Day Charts
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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...
The trend and bias are down this morning and strongly after the jobs report came out. With lowering unemployment numbers, the market is now concerned that the Fed still has more room...
So far there has been mixed trading again today and it looks like it could be another range type day. Prices appear to be trying to make a measured move lower, which...
The selling is back and back strongly this morning. It looks like a spike and channel down, and while I am confident in the current trendline, I am somewhat guesstimating the other...
We are seeing follow through buying today in a big way. Prices have already rallied almost back to the midline on the daily chart, so the oversold conditions are no longer so...
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...