These are mid day charts for premium members to compare what they see to what Mack is seeing.
Prices traded down during the overnight session, opening lower at the 8:30 AM CST regular session opening. That left an overhead gap on the charts that prices may attempt to fill. That target is up at 7678.25 should prices start trending upward. For now, prices appear to be stuck in a very tight sideways range…....
The downtrend continues so far this morning. It is a choppy downtrend as well, but that is to be expected and has been the standard expectation for a while now. Prices could continue to remain choppy and may even work sideways for most of the day. There is a mild downward bias for now though,…...
The bias is down to mixed thus far this morning. There is no unfilled gap this morning either, so prices turning higher to fill any gap is not in the equation. That does not mean prices cannot turn higher, it just means it will not turn higher in an effor to fill any gaps as…...
Prices are still moving higher again this morning. If prices continue higher from the low made around 9:00 AM CST, look for a possible measured leg up from that point. Prices could easily continue lower though, as there is a large gap on the chart. If prices attempt to fill the gap, that target is…...
The trend and bias are up so far this morning. What looked to be another range day has seen prices break out to the upside and continue to move higher. If prices are to make a measured move up, that target is up around 7680.00. All gaps on today’s chart have been filled already, so…...
Once again, today looks like more of the same. Prices trend up or down during the overnight session, then go flat or sideways when the regular trading session opens at 8:30 AM CST. After that, it is usually mixed trading with some short-term trends mixed in as well. Today looks to be much the same…...