Category: Mid Day Charts
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Prices sold off hard again this morning, easily pushing through previous support. There is a mild correction going on as I am typing this up, but that could be nothing more than...
Prices traded lower early on but have reversed now and are trending higher. We have seen this happen a lot recently. The question will be this: Can the rally stick or will...
Prices sold off during the early morning trading hours, only to reverse and start trending higher just after the regular session opening. Prices were severely oversold on the daily chart, so a...
Once again prices sold off early, only to recover shortly thereafter. Prices have now turned downward again, but there is a possible trendline working higher, so we will need to see if...
Prices started out sideways again this morning but found support just after the 8:30 AM CST regular session opening and have rallied since that point in time. Prices found support right off...
I am posting this a bit early this morning because I have a dentist appointment I have to attend. I figured early was better than later. Prices turned up right off of...
Someone recently asked why I do not mark the trades on this mid-morning chart. The idea for the mid-morning chart is not to show any setups or trades. The reasoning for it...
We did indeed get follow through selling today after turning lower off the highs of the range on the daily chart. For now, and if the sideways action continues on that chart,...
There are no news items today to worry about, but the market has seen a nice correction already today. I see a two-tiered down channel that is still in play as I...
Prices turned lower during the overnight session after reaching the overhead resistance at 6157.00 on the daily chart. If the resistance holds, we could see prices turn down again for a bit....