Category: Mid Day Charts
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Prices have been trending down all through the overnight session and into the regular session this morning. There were two channels working lower, one very steep (yellow), which traded down and into...
The trend is down, but could be changing since there is break of the trend line and a new low in place. For now, the bias is still down, but I think...
Prices are mostly sideways this morning. Prices were trending up mildly going into the regular session opening, but found resistance at the measured move target I spoke about in yesterday’s post. Prices...
Prices trended lower starting early this morning in the overnight session, but appear to have maybe found a bottom for now. As I am typing this up, prices appear to be attempting...
Today looks much like it did yesterday with the early spike up during the overnight, only to see prices find resistance. That does not mean the day will end the same, but...
The trend is up this morning. I see a spike and channel working higher. Looking at the daily chart, prices bounced directly off the highs of the former range, so that could...
Prices look to be range bound so far this morning. If you look at the daily chart, the break out of the range failed quickly and prices have now pulled back and...
Today has a range type feel so far, but the bias is also up very lightly. Based on the fact that prices are swinging above and below the EMA consistently, you can...
Prices appear to be trending higher this morning. I see a spike and channel in play as I am typing this up. We will have to see if this channel continues to...
Prices are still hovering around the 4400.00 price level, and thus far, today looks to be a range type day. Obviously that can and might change as the day progresses, but as...