Prices have been range bound this morning for the most part. They did break out higher momentarily, but that breakout quickly failed, and prices are now headed to the lower side of the range it appears. If this is to be a range day, the bias may flip back and forth as prices move from […]
Prices traded higher during the overnight session, only to turn down just at the 8:30 AM CST regular session opening. So far, this looks as if it might be a range day. Do not get locked in on that though, as things could change. For now, I would call this mixed trading and a possible
Prices were sideways overnight but trended lower soon after the regular session opening. Prices appear to have found some support for now, so we may end up having a range day or another rally. Expect mixed trading at times no matter how the day may play out. There is a mild upward bias as I
Prices are rallying again this morning. This market wants to go higher, so do not argue with it. Just follow the price action and go where it takes you. Be careful entering long right into the highs but buy the pullbacks if they setup properly. For now, the trend and bias are both up.
Prices were mostly sideways and rangebound during the overnight session and into the 8:30 AM CST regular session opening but have now turned lower. With the breakout of the tight range, a pullback to test the breakout resistance is not unexpected, even if prices will eventually go higher, a pullback on breakouts is usually going
The trend and bias are mostly up at the moment. Note that the current highs are right at the resistance of the tight range on the daily chart, so that price level will likely tell the tale if prices can work higher or not from there. Respect those highs until the price action proves that
Prices are mixed to mildly up this this morning. This has the look of another possible range day. A quick look at the daily chart and you can see that prices remain in the tight congested range that they have been in for the past nine or ten trading days. Prices could break out and
Prices are mixed to slightly up this morning. There was a gap down on the opening last night, but prices have already rallied to fill that gap, so they could go in any direction now. As of now, there is a mild uptrend, but because it is mixed and not very steep, you can trade
Prices have been mixed and sideways since early in the overnight trading session. At the moment, prices are trending higher off of a spike and channel upwards. The pink range is just a possibility at this point in time, and it may not remain in play, so it is just something to watch for now.
Prices appear range bound as of now, but they are in a mild uptrend for the moment. That uptrend could flip back and forth from up to down several times today if this is to be a range day. Respect the highs and lows of the range until the price action shows us otherwise, and