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...
Today looks to be another range type day so far. As always, that could change as the day progresses, but for now, prices are clearly trading inside the overnight highs and lows...
So far this has the look of another range type day again. As you start to see these regularly though, this is where you must be careful and do your due diligence,...
Today’s chart looks very similar to yesterday’s chart at about this same time. That does not always mean the price action will play out the same way, but prices will often follow...
The trend and bias are up at the moment, but we need to see how prices are going to move forward from the overnight highs. I am confident in the trend line...
Prices trended higher during the overnight session, but turned down and traded lower just after the regular session opening. I see a two tiered channel working lower, although prices appear to have...
Prices are currently trending higher in a two tiered channel, so the trend and bias are both up for now. Early on it appeared we would have a range day today, but...
For now, the trend is down and there appears to be a larger two tiered channel working lower. If prices continue to trend down as the day progresses, it is possible we...
So far, the look and feel of today’s price action appears to be setting up as a range day. Even if prices do continue in a more sideways fashion, there could still...