Category: Mid Day Charts
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Prices are trading right in the center of the overnight price action and currently in a super tight congestion area. I would call the overall bias for now as neutral. Until we...
Today looks much like yesterday. Prices rally during the overnight and early in the regular session before finding resistance around the 3375 level again. Like yesterday, there is a large gap on...
Prices are trending higher again this morning. I see a clear two tiered channel working higher. We need a bit more price action to determine if the upper trend channel line is...
Prices started trending higher this morning just after the regular session opening. A measured move up on this second leg would give us a target of 3346.00. The tight channel working higher...
Prices were trending down early on, but found support just after the regular session opening and are now working higher. This may end up as another range day in the end. Note...
Prices have been trending lower since early in the overnight, although they have found some support around 3333.00 for the moment at least. The overall feel so far looks like a possible...
There was a large bull move during the overnight session, probably linked to the state of the union address by Trump. Normally prices take back those type moves rather quickly. There is...
The trend and bias are both up this morning. There is a tight two tiered channel working higher. There has been a break and a new high in place already, but so...
The trend is up this morning. I see a large two tiered channel working higher that is still in play as of me making this mid morning post. Prices appear to be...
The trend is down again this morning. There is a larger two tiered blue channel, but prices have flattened out some as you can see with the brown two tiered channel. Prices...