Category: Mid Day Charts
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Today looks to be another range day so far. Prices have been up and down this morning, and I would expect that might continue. There are many uncertainties in the economy right...
Prices have been in a tight range through the overnight and well into the regular session opening. Just as I am typing this up, prices have broken higher and are testing the...
I hope everyone enjoyed the long year end break and that you are ready for a new trading year. If you aren’t already aware, I have contracted Covid and spent the last...
The trend is down and down strongly so far this morning. I see a two-tiered channel working lower (blue channel) and as of this writing, it is still in play, although prices...
The trend and bias have been down since the early morning hours of the overnight session but have now found support down around 4695.00. Prices are trending higher as I am typing...
While prices did turn lower and trend down just after the 8:30 AM CST regular session opening, they have mostly been trading sideways since then. Just prior to the move down and...
At the moment, I would classify this as sideways action with a slight downward bias. Prices could be working on a rally higher, but for now, things still look and feel mostly...
The trend and bias are down this morning, although both down trend channels now have a break and a new low in place. That does not mean prices cannot go lower, but...
Prices trended up strongly during the overnight, only to see a two-legged correction that started some time prior to the 8:30 AM CST regular session opening. It is possible that the two...
Today is rollover day, but the volume is still in the December contract, so I will not roll over to March until tomorrow or Monday. Normally the volume has switched by Friday,...