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It’s been a really ugly morning thus far. Mostly mixed with low volume, so not much happening until just now as prices finally are making a nice trend down. How prices react here at the lows will tell the tale for the day most likely. If the support holds, then this may just end up […]

We are seeing more of the same today it seems. Prices start off in one direction, then correct and mostly go sideways. Just do not allow it to lull you to sleep, because eventually, prices will start off like this and then do something much different, so be prepared for changes at any time. Until

Prices are mixed to slightly up this morning. Just remember, today is an FOMC announcement day and many are expecting a rate cut, so this could be a crazy news announcement that could send prices moving strongly in either or both directions, so be flat at least an hour prior to this announcement at 1

Prices trended lower during the overnight session, but appear to have found some support for now, even if only momentary support. Prices are trending upward as I am typing this up, although this day could still go a lot of different ways. There is an overhead gap on the chart up around 5671.25, and one

The volume and volatility are very low this morning. Prices remain overbought, but the measured move target still has a lot of room, so we will have to see if prices can muster up the momentum to continue higher here. For now, prices are range bound with a mild bearish tint to them. That can

Prices continue to push higher and further outside of the oversold bands on the daily chart. That indicates to me that prices are still attempting a measured move higher, so the 5825.00 – 5830.00 price region is still a viable target. That does not mean we will make it or even overshoot that price, but

I am posting this a bit earlier than usual this morning because I have a doctor’s appointment that I must attend. The market continues to move higher, although there is a gap up again on this morning’s chart. If prices attempt to fill that gap, that target it down at 5619.25. For now, prices are

Prices opened up trending lower and trending down into the regular session opening this morning, but they also left a large overhead gap on the chart. Since finding a bottom around 9:00 AM CST, prices have been moving higher. Prices may attempt to try and fill the overhead gap, so keep an eye on that

The price action looks much the same today as it has the past few trading days. The volume and volatility are lower, and prices are mostly sideways and mixed. That could change at any time, so do not let the duller price action lull you to sleep and catch you off guard, as prices will

Prices appear to be mostly sideways today. Believe it or not, prices traded up into the oversold area of the Envelope bands on the daily chart before backing off a bit. The volatility continues to be more manageable lately as well. Maybe things are returning to normal? Just stay disciplined and follow the price action