Category: Mid Day Charts
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As expected, prices continued to push lower to test the lower side of the channel on the daily chart. Maybe we can get a bounce now, but I just do not know,...
Today is an FOMC announcement day and they are expecting a .50 point raise today. Anything more than that, and a bigger raise is very possible since inflation is so out of...
Prices are trending lower again this morning, and while they have bounced a few times, the overall trend and bias are still down. The daily chart is showing the days price action...
The trend and bias are down again this morning, as the selloff continues. Prices have made a new low now on the daily chart, so prices could find support at some point...
The sell off from yesterday continues this morning. It looks to me as if prices are going to at least test the most recent lows on the daily chart once again at...
Prices traded down into the regular session opening but have been mostly mixed and sideways since that point in time. It is possible prices will still make a measured move down at...
I had a minor family emergency this morning, thus the lateness of this report. Thanks for bearing with me. The rally appears to have been short lived. Prices might be pulling back...
Prices looked to be range bound again today but they are now pushing lower, so there is a possibility of a measured leg down. A measured leg down gives us a target...
What started out looking to be a possible range day has turned into a sell off now. The daily chart is hinting for lower prices as well, as you would expect prices...
The trend and bias are down this morning. Prices rallied quickly off the oversold levels on the daily chart and are now approaching an overbought condition on that same chart. That does...