Category: Mid Day Charts
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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...
Prices look range bound again this morning, although they just made a higher high after the last turn off the highs of the range. If prices continue higher from there, that could...
The trend is up again this morning. As I have said a few times previously, this market just does not want to sell off. Any bearish days are quickly erased it seems....
The trend was up and up strongly during the overnight session but started selling off soon after the regular session opening. There is a gap on the daily chart, so prices will...
Today is an FOMC announcement day, and the market appears to be waiting for that news at the moment. So far prices are in a very tight range, which can often be...
Prices are slow again this morning and mixed so far. The bias is up slightly at the moment, but if this is a range day, that will flip back and forth. The...
Prices are mixed again this morning, so unless prices start making new highs or new lows on the day, this is likely to be a range type day. I drew what looks...