Category: Mid Day Charts
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Prices are mixed and sideways again this morning. There is a gap down on the chart as well, so prices may attempt to fill the overhead gap before the day is over....
So far today looks like more of the same from yesterday. Prices appear to be range bound and the volatility and volume have both decreased. For now, I would call this a...
Prices started off rallying today, but there was a large gap up on the opening at 5 PM on Sunday evening, leaving a large overhead gap on the chart. Prices may attempt...
Prices appear to be range bound so far this morning. If you look, you will notice that prices appear to be pivoting off both sides of yesterday’s closing price. Watch that price...
At the moment, prices are trending lower, and the selling has returned, although not nearly the same volatility we were seeing. That does not mean things cannot and will not pick up...
Prices have a mild upward bias so far this morning, but they are still struggling to go higher and are mostly rangebound for now. Note that there is an FOMC minutes release...
The market was rallying most of this morning. As usual, after a cleansing of the weak hands, the market snaps back. Now it may only be temporary, but this is what happens,...
This market is absolutely in turmoil at the moment. It’s what I would call an emotionally driven market, so it can be very dangerous to even trade it on a small account....
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...