These are mid day charts for premium members to compare what they see to what Mack is seeing.
Today looks to be another range type day. Prices are mixed after a nice jump up from the CPI news, but prices took that move back rather quickly and the market is just chopping around once again. Treat this as a range day until the price action shows us otherwise…. This content is for Premium...
Prices are mixed and mostly range like so far this morning. Prices did open lower though and that has created a gap on this morning’s chart that prices may attempt to fill as the day progresses. the gap target would be up at 7626.00. At the time of me posting this, prices are trending upward,…...
I am a few minutes late with this due to the crazy move that happened just as I was about to post this. I wanted to wait until that was over to see what happens. As usual though, the market took the majority of the sell off back in a few minutes, so we will…...
Prices are up this morning, but mostly sideways at the same time, so I would call this a range for now. That could change as the day progresses but respect the range lows and highs until prices prove they will continue on through those price levels. Just remember, most breakouts will fail, even if only…...
Prices are mostly mixed this morning but also trading lower as I am posting this report. Prices opened lower at 8:30 AM CST, leaving a large overhead gap on the chart. As of now, prices are struggling to go higher in an attempt to fill that gap, but that price at 7551.75 would be my…...
I am going to share another email I received from this student trader. I have shared a couple of other emails in my videos, but this is his third month of profit with zero losses. Read the email, as he just reiterates what it takes to succeed at chart reading and learning price action. Most…...
The volume has been low so far this morning. That is not uncommon after an extended holiday weekend but note too that because we are moving into the final months of summer break. The market often slows down through July and into early August as traders take vacation and spend time with their kids and…...
So far today, the chart looks very similar to yesterday’s chart. Prices rallied strongly early on but have now turned downward. That does not mean the day will end the same as yesterday, but it is very possible. I would call the bias sideways to possibly turning down now, as there is a large gap…...
After discussing my recent issue with lag in yesterday’s video, I got a plethora of emails indicating that it is a “time sync” issue, and nothing more. I thought I would share this with everyone so that you can be aware of it and what the fix is if you are having lag issues. Note…...
The rally continues this morning with follow through buying. For now, the trend and bias are up. As you well know, that could change in this market at any time but stay with the up-trend as long as it remains in play. You should expect some mixed trading at times, as that seems to be…...