Category: Mid Day Charts
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Prices rallied strongly during the overnight session, but turned down just prior to the regular session opening. I would call prices flat for the moment, so we will have to see how...
While the price action has a large range type feel to it this morning, there does appear to be a larger two tiered channel working higher. That channel is not yet confirmed,...
If the market has not been crazy enough for you already, today is an FOMC announcement day, so be aware of that fact and that the announcement comes out at 1 PM...
As expected, the market has been very volatile over the last 24 hours. Prices spiked higher and went into a two tiered channel starting in very early morning hours, creating a spike...
The trend is up and strongly so far this morning. The larger two tiered blue channel needs a bit more price action to determine if the high side of the channel is...
The bias and trend are up, but prices are still trading within the overnight highs and lows, so this could just end up as another volatile range type day. There may be...
Prices traded up into what looks to be a 25 point range. That range could expand as the day progresses, or we could even see prices start trending again much like yesterday’s...
Today looks to maybe be another range type day. Prices traded down during the overnight session and are now trading higher. The trend could continue in either direction, but for now, I...
The trend is down and down strongly this morning. The largest blue channel has never really been confirmed, but it certainly looks valid and there are many touches of its mid line...
The bias is slightly up to almost neutral this morning. Prices trended down during the overnight session, but found some support in the very early morning hours and have been trending slightly...