Balanced Market

As we noted last week; “price extremes on both edges, ranging from 1854.50 – 1884.75, with daily swings averaging 20 handles.” Looking at the 10-day profile, all those intra-day gyrations have formed a very large, potentially powerful “Balance Zone” between … Continue reading

Key Support Test

In yesterday’s DTS we opined that failure to penetrate PDH suggests further consolidation within multi-day value area, with possible test of key support zone between 1859 – 1862. That scenario played out as scripted, with progressive and increasing selling pressure … Continue reading