So far this looks to be another low volume range day. Obviously, that could change as the day progresses, but for now, this appears to be mixed sideways trading. The bias might be mildly up, but nothing more. Respect the overnight highs and lows until the price action shows us otherwise.
I am posting this a bit early this morning because I have a doctor’s appointment as well. Rather than not post one, I am just posting it early for you. Prices are rallying strongly this morning. This is a very clear spike and channel up, so respect the two-tiered bull channel until the price action
Prices trended lower during the overnight session but seem to have found at least temporary support for now. We will have to see if the support continues to hold and if so, this may be another range type day. I would expect mixed trading at times no matter how the day plays out. For now,
Prices are mixed and, in a range, so far this morning. Respect the overnight highs and lows until the price action proves those price levels are no longer holding. If this remains a range, you may see trends up and down within the range and you can trade those as long as you do not
Prices have been mostly sideways since the regular session opening around 8:30 AM CST. There is a mild upward bias at the moment, but things have been somewhat mixed and sideways since 8:30 AM CST. I would expect more sideways action no matter how the day plays out, but for now the bias is mildly
Right now, this looks to be a range day. That could change as the day progresses, but for now, this is a range day, so respect the overnight highs and lows until the chart shows us otherwise.
Prices look to be range like again this morning. With an early sell off, there was an overhead gap on the chart, but that was filled only minutes ago, and prices are just working sideways now. If prices can push through that level, we could see some more upward price movement but respect the overnight
Prices rallied strongly during the overnight session making a new high on the daily chart. Once that retest with a new high was in place, it has now been all downhill. Prices are basically back to where they were at the close yesterday. It does look like the downtrend could be finding a bottom, but
While prices have been trending lower for the past hour, things still appear to be range like. We will have to wait and see how prices react at the lows before we will know if this is to be a range day or if prices might continue to trend lower. Respect the overnight highs and
I am back in the office this morning, but I am moving slower than normal. 🙂 As usual, I am behind from being out, so if you are looking for a reply to something, please be patient. I would ask that everyone hold trading questions for a few days while I try and catch up.