Category: Mid Day Charts
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After another push lower back to the long-term trend line during the overnight session, prices are now rallying strongly. It looks as if we have a spike and channel working higher as...
Prices are mostly sideways again this morning. The bias is mildly up to sideways at the moment, but that could change back and forth, much like it has the last few trading...
Prices are rallying again this morning but are finding resistance at the EMA on the daily chart. If prices can push on through that resistance, I would expect the rally to continue,...
There was a huge sell off on Friday, but if we look at the daily chart, you can see that prices found support at the low of the long-term channel and the...
The market remains quiet this morning so far, and the volatility is much lower. There are no news items today to spark any big moves, but the volatility can always change as...
Prices rallied during the overnight leaving a large gap on the chart. Prices turned down almost immediately at the open, most likely in an attempt to fill the lower gap. The overnight...
It looked as if prices would trade lower again this morning, but after testing the lows of yesterday, prices turned and rallied higher. For now, the trend and bias are both up....
UPDATE: The market dropped quickly just after I posted my chart, so for now, it does appear that the trend and bias are both down. Below is an updated look at my...
Prices are rallying this morning and moving to new all-time contract highs once again. I see a spike and channel up, but there is now a break of the channel and a...
Prices are rallying to new contract highs again this morning. As I have stated many times lately, I do not believe that they will allow this market sell off prior to the...