Category: Mid Day Charts
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Due to some site technical difficulties this morning, this is a bit late, so my apologies. There was a gap on the daily today, so the overnight rally has reversed and prices...
The trend and bias are up this morning in a spike and channel type pattern. There is a break of the current channel and prices appear to be attempting a run to...
The trend and bias were down strongly during the overnight, only to turn sideways at the regular session opening around 8:30 AM CST. A break of the down channel and a new...
Prices trended down most of the night and into the regular session opening this morning. After two legs down though, prices are now trending higher. It is a bit early to say...
The trend and bias are down this morning. I see a two tiered channel working lower as I am typing this up. Prices appear to be creating a close outside of that...
The trend is up this morning, although there is a gap on the daily chart. Prices will have to pull back to 4126.75 in order to fill that gap today, so a...
Prices are rallying strongly this morning after the break lower out of the channel on the daily chart yesterday. As expected, the breakout has failed, even if only temporarily and prices are...
So far this looks to be a range type day. Prices are still trading within the overnight highs and lows, but there is an overall downward bias to things as well. If...
Prices created a large leg down during the overnight session, only to correct some just after the 8:30 AM regular session opening. Prices now appear to be attempting a second leg down....
The bias is somewhat down so far this morning, but it is now working mostly sideways. We continue to find strong support near the 4220.00 level. If that level continues to hold,...