Category: Mid Day Charts
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The trend and bias are down and down sharply this morning. There were a couple of economic news reports out this morning, and they obviously did not slow the selling. For now,...
Today looks like it could be a range day so far. Respect the overnight highs and lows and wait for prices to prove they are going to trend higher or lower than...
The market is rallying this morning and it is rallying strongly. I’m guessing no one wants to go into the long holiday weekend short this market. I see prices working on a...
Once again, prices sold off on the news today, only to rebound now and attempt to take back the sell off. News items will do that often. The market overreacts to the...
Prices are mostly sideways again so far this morning. This may end up as another range day. Prices could always trend in one direction or the other before the day is over,...
Thus far, prices are sideways today with no real direction at all. The daily chart is showing us an inside day, but that will likely change before the day is over. A...
Prices look range bound as I am typing this up, but we could see prices trend in one direction or the other before the day is over. My first target to the...
It looks like the rally yesterday was short lived, as prices turned down again and trended much lower during the overnight session. Prices found support at the regular session opening and have...
Prices have been mostly sideways until just after the regular session opening when prices rallied higher. We are now seeing a new high for the day. We will have to see if...
Prices sold off strongly early in the regular trading session, but they have now found some support, even if only temporarily. If prices cannot breach that support and gain traction, then they...