Category: Mid Day Charts
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The trend and bias have been down most of the morning, but prices appear to have found at least a temporary bottom. The M.O. lately has been prices sell off, only to
Prices rallied again during the overnight and early morning regular session but found resistance upon testing our next target (blue line on the daily chart.) That price level around 4180.00 was our
The volume was extremely low again during the overnight session, with little or no movement until the selloff on the unemployment news. That strong sell off left a large gap on the
The volume and volatility are much lower today, but that could just be the calm before the storm, so I would not read much into that unless it continues for a few
Prices rallied during the overnight and early portion of the regular trading session but have now turned lower. We could see more mixed trading today it seems. For the moment, prices are
This looks to be another mixed trading day at this point in time. Prices are mostly sideways, with trends running both up and down within the range. The overall bias is slightly
Thus far this morning has seen mostly mixed trading. Prices rallied strongly just after the 8:30 AM CST regular session opening, but they soon reversed and are now trending lower again. Prices
Prices started off mostly sideways but spiked higher this morning and have now gone into a bullish trend as the morning has progressed. Prices are very over-bought at the moment, so a
Prices finally reached our measured move and retest of the highs on the daily chart, and as expected, the selloff has started. I expect that we will see a retest of the
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