Mid Morning ES Price Action Chart 04-27-2021

Mack

The trend and bias are down this morning, with a lot of sideways action mixed in as well. It looks like a spike and channel has formed, so respect that downward trend...

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Mid Morning ES Price Action Chart 04-26-2021

Mack

Prices trended up during the overnight session, but I see a break of that trend line and a new high in place. There is a possibility that the flatter yellow channel is...

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Mid Morning ES Price Action Chart 04-23-2021

Mack

The trend and bias are up this morning. Prices started off in a range again this morning, but have broken higher and trending up strongly as I am typing. The Blue channel...

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Mid Morning ES Price Action Chart 04-22-2021

Mack

So far this looks to be a range day. The bias has been down to sideways since the regular session opening at 8:30 AM CST. I would play this as a range...

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Mid Morning ES Price Action Chart 04-21-2021

Mack

There are a couple of ways to look at today’s price action so far. Prices are obviously rallying, so the trend and bias are up. I have marked out a two tiered...

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Mid Morning ES Price Action Chart 04-20-21

Mack

So far today looks to very range like. Prices have been going sideways in a tight range for over an hour now. It would not surprise me however if prices attempt a...

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Mid Morning ES Price Action Chart 04-19-2021

Mack

Prices started out ranging only to break lower for a measured move down that was equal to the original price range. That could mean the original range lows are simply a mid-line...

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Live Short Trade Example 04-16-2021

Mack

This was a short trade while looking for prices to fill the gap on the daily chart. I entered on a failed second entry long.

Mid Morning ES Price Action Chart 04-16-2021

Mack

Prices traded up during the overnight session, only to correct some at the regular session opening. There was a gap on the daily chart, so the sell off was likely an effort...

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Live Trade Example – Failed Break Lower

Mack

This trade was a failed break lower in an uptrend and it was also the first convincing close outside of the trend line, so I was looking for a reason to get