The volume and volatility are low so far this morning. Prices are stuck in a tight range, so I would call this mixed trading for the moment. Prices traded down into this range, but that left a gap on the chart up around 5980.50, so prices may attempt to fill that gap at a minimum
Prices opened lower this morning but are trending higher as I am typing up this report. There was an overhead gap, but that has been filled, and prices appear to still be in an uptrend. Looking at the daily chart, prices appear to have turned up right off of the upsloping trendline, so the longer
This is a live student trade from 05-16-2025. This is a multiple test of support plus a 2nd entry long in a mild uptrend. Good read by the student and nice trade.
While prices are trading higher this morning, they are mostly sideways. Expect mixed trading, but prices could still trend in either direction. For now, I will call the bias mixed to slightly up, but that could change, and it could change multiple times if this is to be a range day in the end. Just
Prices are range bound again this morning and trading lower for the moment. There was an overhead gap at the 8:30 regular session opening that was not yet filled completely, so we may see prices continue to attempt to trade higher in an effort to fill that gap. Prices were very close to filling it
Prices trended slightly higher during the overnight session leaving a gap on the chart at the 8:30 AM CST opening, but prices quickly filled that gap and are now mostly mixed and sideways. Prices continue to be very over bought, so a correction is overdue. That does not mean it will come today, so just
The market continues to rally higher this morning. I would say prices just reached our next target, which was a retest of the range support around 5916.00 on the daily chart. If prices continue higher, the next target would be up at the range high around 6219.00 on the daily chart. The trend and bias
Prices are mixed to slightly down as I am typing up this morning’s report. There is a large gap on the chart this morning, and prices may attempt to fill that gap. If so, that target it down at 5684.00, so keep that price point in mind should prices continue trending downward. Prices did meet
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