Prices have been moving sideways since early in the overnight session. Prices have failed out the highs of the range and now out the lows of the range, just as I am...
The trend has been up since the early morning hours of the overnight session. There is a two tiered channel that is currently in play and working higher, but prices are still...
Prices are working sideways at the moment in what appears to be a spike and channel. We will need to see how prices react when they reach the trend line on the...
It seems that the CQG issue was resolved, so if you have CQG as a data provider, things are back to normal now. I don’t remember that type of problem occurring in...
Update @ 9:55 AM CST: I updated the yellow channel, as the original one was a bit too flat. A couple of items before I address the chart. First, the news indicator...
The market is rather quiet and subdued feeling so far this morning. Prices are trending down at the moment, but there is support around 3927.00, so we need to respect that price...
Note that I have rolled to the June contract as of this morning. The volume has not rolled over to the new contract, so if you have not yet rolled over, I...
Prices traded up into a tight range through the overnight session, but they broke higher shortly after the regular session opening. I would expect a possible measured move higher, and there would...
The market looked as if it was going to be a repeat of yesterday with another strong trend up, but that trend suddenly reversed around the 3900.00 price level and prices are...
The trend and bias are both up this morning. I see a larger two tiered channel working higher, but there are other more micro trends going on within that larger trend. For...