Prices started out in a quiet and low volume range but eventually broke higher and move a perfect measured move based on the width of the original range. As of now, prices...
The market is trending lower this morning, although I do see a convincing break of the trend line at this point. A retest of the lows is likely, but we could see...
Today is roll over day, so go ahead and roll to June if you haven’t already done so. Prices are attempting to rally today but have gone somewhat sideways over the past...
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...
Thus far, this appears to be a range day. There is a small overhead gap on the chart that prices may be attempting to fill, but prices are struggling to get there...