Category: Mid Day Charts
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UPDATE: No sooner than I posted this, prices turned and ran straight up for a 27 point move to test the highs. Not sure if a news item contributed to it or...
The feel so far today is a range type day at this point. Prices have rallied strongly over the last 20 minutes, so if that rally continues, we could see prices go...
The volatility has decreased dramatically today. This might only be a short lull in the craziness we have been seeing, but for now, the market seems much closer to normal than it...
The trend is down and has been down through most of the over night. The steeper two tiered channel appears to have flattened out now into a weaker two tiered channel. The...
The market is rallying again this morning. It sounds like the house and senate finally came to an agreement on all of the terms of the stimulus package. My guess is that...
We now have a stimulus package here in the US, and the market is obviously in the process of digesting that news. After rallying on the outcome, prices have now taken all...
There was another over night bump in the market, but it seems prices have turned sideways to slightly up for now. I am not sure how serious Trump was when he said...
Prices have been trending lower all morning after rallying strongly during the early over night session. It looks like maybe prices have found some support, so let’s see if prices can claw...
UPDATE @ 12:30 PM: The recent lows were breached after another circuit breaker halt just around Noon my time. Prices are racing lower now, so the first target for a measured move...
The strong selling continues, along with wild rallies off the lows from time to time. Overall, the direction is still down for now, but the bounces can be so quick and strong...