Mid Morning ES Price Action Chart 07-07-2020

Mack

UPDATE: Just realized there was a type in the gap target. That target should have read 3168.50, not 3160.50, so hoping I didn’t confuse anyone too badly on that one. Thanks to...

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Mid Morning ES Price Action Chart 07-06-2020

Mack

Prices rallied during the overnight, only to go into a tight 11 point range for a good portion of the overnight session and now into the regular session. The overnight rally has...

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Mid Morning ES Price Action Chart 07-02-2020

Mack

The market rallied strongly during the overnight, but started trending lower just after the regular session opening at 8:30 AM CST. The large rally left a very large gap on the daily...

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Mid Morning ES Price Action Chart 07-01-2020

Mack

There was a nice overnight rally going into the regular session opening, but prices have been mostly range bound since the 8:30 AM CST session opening. There is a gap on the...

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Mid Morning ES Price Action Chart 06-30-2020

Mack

The trend and bias are up so far this morning. I see a two tiered channel working higher as I am writing. The volatility and volume is much lower today, and while...

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Mid Morning ES Price Action Chart 06-29-2020

Mack

So far this looks to be a possible range day. If prices should move on through the overnight highs, look for a possible measured moved higher based on the overnight leg. That...

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Live Trade Example By A Student on...

Mack

A current student by the name of Jorge sent me this trade example. It was a nice set up, taking a lower high on a failed break out of congestion and at

Mid Morning ES Price Action Chart 06-26-2020

Mack

The trend and bias are down strongly so far this morning. There is a clear two tiered channel working lower as I am typing. Stay with the trend as long as it...

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Mid Morning ES Price Action Chart 06-25-2020

Mack

This has the feel of a range day so far today, but as we saw yesterday, prices can often start trending and trend strongly as well, so as I told another trader...

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Mid Morning ES Price Action Chart 06-24-2020

Mack

The trend has been down for most of the overnight and into the regular session opening. A measured move down gives us a target of 3058.00, but prices have found some support...

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