Eli Lilly: Perfect Example of Price Distribution
I look at hundreds of charts every single day. Every once in a while, I come upon a chart that...
Blake Morrow’s Chart of The Day – Apr 28th 2021
USDJPY The USDJPY has bounced alongside the 10yr yield today, which (on the surface) looks bullish as the pair came...
Blake Morrow’s Chart of The Day – Apr 27th 2021
CRUDE OIL Crude oil is building a symmetrical candle near term with support at the $59.75 level and resistance at...
Blake Morrow’s Chart of The Day – Apr 23rd 2021
USDZAR Many US Dollar pairs have similar setups, but the USDZAR is in a descending wedge which may be suggesting...
Blake Morrow’s Chart of The Day – Apr 22nd 2021
EURJPY The EURJPY has struggled to make much gains above the 130.00 level the last couple weeks despite “risk assets”...
Blake Morrow’s Chart of The Day – Apr 21st 2021
DXY After falling out of an ascending wedge, the DXY found support at the 61.8% Fibonacci retracement at the 90.81...
Blake Morrow’s Chart of The Day – Apr 20th 2021
NIKKEI 225 The Nikkei 225 should be in focus near term as the Japanese market is setting up a symmetrical...