Category: Mid Day Charts
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Prices are rallying this morning, and there is a spike and channel up that is still in play with no breaks yet. Note that the daily chart is not showing new highs,...
Prices sold off strongly on the CPI news this morning but eventually found support and have rallied since that point. The two-tiered blue bull channel now has a break and two legs...
Prices look as if they may remain range bound today. That could change, but as of now, I would classify this as a range. Prices opened lower leaving an overhead gap on...
I am back in the office and business as usual as of this morning. It feels like I have been gone forever, and I truly had no access to the markets, so...
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...