Mid-Morning ES Price Action Chart 05-31-2022

Mack

The trend and bias are down this morning. Prices rallied quickly off the oversold levels on the daily chart and are now approaching an overbought condition on that same chart. That does...

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Mid-Morning ES Price Action Chart 05-27-2022

Mack

The rally continues, and the trend and bias are both up strongly so far this morning. As usual, we may see a correction at some point, so do not get lulled to...

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Mid-Morning ES Price Action Chart 05-26-2022

Mack

We are getting follow through buying today and so far, the trend and bias are up and up strongly. This is a good sign, but as you have seen lately, longer term...

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Mid-Morning ES Price Action Chart 05-25-2022

Mack

Early on it appeared that we might not get any follow through buying today, but the market has turned higher now, and the trend and bias are now up. A solid close...

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Mid-Morning ES Price Action Chart for 05-24-2022

Mack

My doctor’s appointment went much quicker than expected, so I thought I would go ahead and post the mid-morning chart after all. The trend and bias are down this morning, and while...

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No Mid-Morning Chart today

Mack

Due to a doctor’s appointment this morning, I am out of the office and there will be no mid-morning chart. I hope to be back after lunch, and if so, I still...

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Mid-Morning ES Price Action Chart 05-23-2022

Mack

This has the look and feel of another range day so far. Prices are still very oversold, so we are overdue for a bounce, but oversold conditions can last much longer than...

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Mid-Morning ES Price Action Chart 05-20-2022

Mack

Prices are trending lower, and the bias and trend are down for now, but this could be another range type day in the end. My best guess is that prices are attempting...

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Mid-Morning ES Price Action Chart 05-19-2022

Mack

While the trend and bias are currently up, overall, it looks like this could be a range day. If you look to the daily chart for clues, prices are finding support at...

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Mid-Morning ES Price Action Chart 05-18-2022

Mack

Thus far, this has been a very bearish day. The trend and bias are down, and the trend is still intact as of this writing. Prices have been a bit sideways the...

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