The trend and bias are down so far, but until prices test the lows of the overnight, this could still be a range type day. For now, stick with the down trend and wait to see how prices react at the lows. If the lows hold and prices bounce, we might just see sideways action today. For now, the trend and bias are down.

Below is a look at the daily chart. It is hinting at a down day or possible sideways day as well.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comments

ifod105 March 11, 2022 at

mack, did you roll over?

Reply

    Mack March 11, 2022 at

    Yes, this is the June Contract. There wasn’t a lot of difference, so I just went ahead and moved to the June contract.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.