Category: Mid Day Charts
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Prices appear to be range bound today. There is a release of FOMC minutes today at 1 PM CST, so be flat well before that news comes out. For now, prices are...
Prices are trending lower again today and appear to be attempting a second measured leg down. That does not mean prices cannot turn higher at any time, but a measured leg down...
Prices are mixed so far today. We have seen both strong rallies and sell offs so far, so the market is still in a bit of volatility, and it is difficult to...
We are seeing more mixed trading today so far. Prices sold off during the overnight session, only to rally just after the regular session opening. There was a small gap on the...
Prices rallied strongly after CPI and Unemployment news this morning. However, they have now found resistance around 4545.00 and are mostly sideways now. Prices may be working on a flatter and more...
The trend and bias have been down this morning, but prices have found support around the 4510.00 price level. If this level holds, we could see a range day or even another...
After a rally yesterday, the downtrend as started back up again. It does appear that prices were pulling back to test the midline on the daily chart before heading lower once again....
The trend and bias are slightly up this morning, but also mixed. This could end up as a range day in the end, but for now, there is a slight upward bias...
The gap down at the 5 PM CST open last night appears to be due to the downgrading of US debt. That type of news can be tough on a market, and...
Prices are down today, but still mixed at times, so trade wisely and do not force entries. I would call the overall bias down, and it’s possible we will see two measured...