Category: Mid Day Charts
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I am posting this a little sooner that I would like this morning, as posting too early does not give us enough price action to get a great feel for the day...
Prices are still trading within the overnight highs and lows, so this has the look of a possible range day. The EMA has gone flat and is starting to turn down as...
The trend is up again today and somewhat strongly at that. We have a break and a new high in place with the overnight trend channel, and the secondary channel has a...
Prices were stuck in a tight range with additional small congestion areas for most of the early morning hours of the overnight session and even into the regular session opening. After a...
Prices rallied strongly during the overnight session, but went flat just prior to the regular session opening and are a range bound now. The bias is still up overall, but that could...
While prices trended lower most of the overnight session, they turned up just after the regular session opening. The target to the upside was likely the close from yesterday (2848.00) in an...
The trend is down this morning. Prices appear to be working on a second leg down as I am typing this up. A measured move down would give us a first target...
Before I make any market comments this morning, I just wanted to thank everyone in advance for your patience with me for the last couple of days. I will probably need another...
Thus far today, prices are trading within the overnight highs and lows, and close to the middle of that price range as well, so this could end up as a range type...
As has been typical lately, prices trended strongly in the overnight session, only to start correcting or reversing at the regular session opening. If prices find strong resistance and start trending lower...