Category: Mid Day Charts
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What initially started out as a range has turned into a possible down trend. I see a two tiered channel working lower at the moment, but there was clear support and resistance...
Prices rallied during the overnight only to back off some after the regular session opening. The market is at all time highs, so just be careful getting long at the highs unless...
The trend is up this morning and prices are moving higher. I see a two tiered channel working higher, but it is not clear at this point if there is an over...
The trend and bias are down strongly so far this morning. There is a larger two tiered channel working lower, but you will need to use the shorter term trends to help...
After a couple of legs down so far this morning, prices are now rebounding somewhat, although there is some resistance around the 3033.00 price level that we need to see prices work...
Prices are trending higher this morning after finding support down around 3030.00. A measured move up gives us a target around 3045.00. For now the trend and bias are up....
The trend and bias are down today and strongly so far. Prices are starting to find some support around 3000.00, but that doesn’t mean the trend is over yet, Just respect that...
Things are somewhat range like again today. The bias is up slightly at the moment, but that could be changing. My guess is that this is just sideways action for now, but...
Prices are finding strong resistance this morning at around 3012.00. The bias is still up at this point, but if prices can not push through the over head resistance, eventually they will...
Prices are mostly flat with lower volume this morning. There has been a slight upward bias through the overnight, but with the gap on the daily chart, prices may attempt to trade...