Category: Mid Day Charts
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Prices have been trending down through the overnight session and into the regular session opening. We now have a break and a correction going on, but one would expect a retest of...
The trend and bias are up this morning. I see a two tiered blue channel working higher, but it has not been confirmed yet. It looks valid based on the early morning...
Although prices have been in a strong downtrend since the regular session opening, the overall picture could end up as a range type day, as prices are still trading inside the overnight...
Today’s chart looks very similar to yesterday’s chart. As of now, the overhead resistance on the daily chart continues to hold and turn prices lower. Prices are actually testing the overhead resistance...
Prices are trending higher again this morning. I see a two tiered channel that is working higher. Prices rallied strongly during the early morning hours, but have been mostly sideways to slightly...
Prices traded sideway for most of the overnight session only to sell off a bit just before the open. After a run down to test the lows from yesterday, prices are now...
Prices appear to be rangebound so far this morning. There is strong support around the 4196.00 level, and while prices have not been able to push lower from there, they are not...
The trend and bias are up this morning and strongly so far. This is a fairly obvious and straight forward trend channel that I describe as a spike and channel. Prices spike...
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...