Category: Mid Day Charts
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Prices are slightly up to sideways this morning. It seems that we may have found at least a temporary bottom, although any small trigger could turn this market lower on a dime,...
Russia did not blink and has now invaded Ukraine putting tremendous selling pressure on the stock indexes, while driving oil higher. While both the stock indexes and oil are trading off of...
Prices just made a measured moved down based on the width of the early (blue) range, where they are now bouncing. It’s possible we could see prices trend higher at this point,...
Prices are rallying off of very oversold conditions. In looking at the daily chart for some clues, it looks like prices should continue to trend higher, but never get too focused in...
Today is a great example of how they write the market news to fit the price action. For years, I hung on every word of the news thinking I might gain an...
What started off as a range day now appears to be a lower trending market. Prices did find support after making a measured move down based on the width of the range,...
Prices are trending lower this morning in a spike and channel down. It appears prices were attempting to fill the gap left on yesterday’s daily chart, as prices have found support at...
Prices spiked up during the overnight session but have been going sideways for most of the early morning and into the regular session, so it looks as if we are range bound...
Overall, this has the look and feel of a range day. Prices certainly started off with a mostly sideways bias, but there is still a bearish slant to things as well. For...
Prices rallied off of strong support in the overnight session but have been mostly sideways since the regular session opening. Looking at the daily chart for some clues, you can clearly see...