Category: Mid Day Charts
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Prices are still hanging around and testing the lows on the daily chart but have been sideways today while doing so. While I would expect a rebound soon, this doesn’t look like...
This market just seems to want to go lower. A failed break lower of an important low like this morning though can often be the start of a large rally. The market...
Overall, it looks to be another volatile day today. Prices are up and down but appear to be finding some support at the lows of the pink range on the daily chart....
We did not get any follow through on the strong rally from Monday. In fact, prices have been trending lower and strongly so. There is a break and a new low of...
Prices started out sideways, but have been trending lower since just prior to the regular session opening. Prices failed momentarily on the break out of the low side of the range and...
The trend and bias are down this morning. Prices appear to be working on a measured move lower. If so, that target is down at 4322.00. The daily chart is confirming with...
The trend and bias were up into the regular session opening but are now trending lower. Prices are most likely attempting to fill the gap that is on the chart, and that...
Prices trended higher during the overnight session, only to turn lower at the regular session opening. If we have found support, we could see prices attempt a measured leg up, but it’s...
I am posting the chart early this morning due to a personal conflict in which I will not be available later this morning. Normally it is a bit early to get a...
I am a bit late with this today, so my apologies. It first appeared that prices were going to bounce and maybe trend higher today, but prices are finding strong resistance around...