Mid Morning ES Price Action Chart 05-17-2021

Mack

The trend and bias are down this morning. I see a two tiered channel working lower as I am typing this up. Prices appear to be creating a close outside of that...

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Live Student Trade – Failed 2nd Entry...

Mack

This was a long trade off of the KEP after a failed 2nd entry short. This was a nice trade and was quick and easy, so I thought I would share it

Mid Morning ES Price Action Chart 05-14-2021

Mack

The trend is up this morning, although there is a gap on the daily chart. Prices will have to pull back to 4126.75 in order to fill that gap today, so a...

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Mid Morning ES Price Action Chart 05-13-2021

Mack

Prices are rallying strongly this morning after the break lower out of the channel on the daily chart yesterday. As expected, the breakout has failed, even if only temporarily and prices are...

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Mid Morning ES Price Action Chart 05-12-2021

Mack

So far this looks to be a range type day. Prices are still trading within the overnight highs and lows, but there is an overall downward bias to things as well. If...

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Mid Morning ES Price Action Chart 05-11-2021

Mack

Prices created a large leg down during the overnight session, only to correct some just after the 8:30 AM regular session opening. Prices now appear to be attempting a second leg down....

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Live Student Trade – Second Entry Long

Mack

This was a live trade taken by a student. He entered this trade after the trigger using a limit order allowing him a more conservative entry point. There is no issue entering

Mid Morning ES Price Action Chart 05-10-2021

Mack

The bias is somewhat down so far this morning, but it is now working mostly sideways. We continue to find strong support near the 4220.00 level. If that level continues to hold,...

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Mid Morning ES Price Action Chart 05-07-2021

Mack

What looked like to be another range day early on has turned into a strong rally day. Prices found support soon after the regular session opening and have traded up strongly from...

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Mid Morning ES Price Action Chart 05-06-2021

Mack

What looked to be a range has now turned into a down trend. Prices could rebound back into the range, so watch prices closely as they approach the trend line of the...

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