Category: Mid Day Charts
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The trend and bias are up this morning. Prices bounced off the support of the range on the daily chart, just as you would expect on a pullback to retest the breakout...
Prices started out sideways, only to start trending lower as the trading day has progressed. Prices have moved a measured distance down based on the width of the original pink range. The...
Prices appear to be range bound as I am typing this up, but that could change before the day is over. I would expect mixed trading no matter, but we could see...
So far this morning, trading is mixed. There is still a mild upward bias, but prices are finding resistance and just chopping up and down as I am typing up this morning...
The trend and bias are down today. Most breakouts fail, so the breakout on the daily chart appears to be following through as expected and prices are currently trending lower. As long...
Prices traded down during the overnight session but have been mostly sideways since the regular session opening. You would expect a pullback on the daily chart to test the breakout of the...
The trend and bias are up again this morning. If we look to the daily chart though, you can see prices are testing the down sloping trend line once again. If that...
Prices have finally reached the down sloping trend line on the daily chart, so we could see prices head lower again. Maybe prices can muster up the strength to get a close...
Prices are trending higher again today. As of now, the trend channel is still in play, so stay with it until the price action shows you otherwise....
The trend and bias are both down this morning. That could change as the day progresses but stay with the downtrend until the price action shows us otherwise. I do see a...