Category: Mid Day Charts
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This looks to be a possible range day, although prices have been trending down rather strongly on the last move down to test the overnight lows. We need to wait and see...
The trend is up again this morning and strongly so far. There is a large two tiered channel working higher, and there are trends within that channel. This looks to be another...
What started off as a range has turned into a very strong trend higher this morning. Note that there is an FOMC minutes announcement at 1 PM CST today, so I would...
Prices rallied just prior to the regular session opening, but the bigger picture this morning appears to be range like for now. Even though prices pushed above the overnight highs, they still...
Welcome back! I hope everyone had a peaceful and blessed holiday and enjoyed some time away from the usual hustle and bustles of life. I took a much needed vacation and I...
There is another gap on the daily chart this morning, so prices may attempt to fill that gap. The larger blue down channel looks to be in play, but if so, it...
This has the look and feel of a range day so far. Prices are currently trending up, but that could be changing as I am typing. Should prices not continue to the...
There was a strong overnight rally, but prices found resistance and turned down quickly after the regular session opening. For now, the bias and trend are down slightly. This might end up...
The trend and bias were up this morning until the last 30 minutes of trading where prices now seem to be going sideways. There is a gap on the daily chart, so...
Today has the same familiar look again, with prices trading inside the overnight highs and lows. There does appear to be a two tiered channel working higher, but prices just closed outside...