Mid-Morning ES Price Action Chart 05-17-2022

Mack

Prices traded up strongly during the overnight but turned lower just after the regular session opening. There is a gap on the daily chart and prices appear to be working to fill...

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Mid-Morning ES Price Action Chart 05-16-2022

Mack

It will be interesting to see if we will get any follow through buying today. Prices appear to be somewhat range bound, but they also bounced off the lows and are now...

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Mid-Morning ES Price Action Chart 05-13-2022

Mack

Prices are actually finding some follow through buying this morning. After reaching a measured move down on the daily chart, prices did find support, and today we are actually seeing some follow...

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Mid-Morning ES Price Action Chart 05-12-2022

Mack

Prices traded down through the overnight session and into the regular session opening, but once they traded down into the measured move area on the daily chart, they rallied strongly off those...

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Mid-Morning ES Price Action Chart 05-11-2022

Mack

Even though there is a larger two-tiered channel working higher, there is still an overall range type feel so far today. If the highs of the overnight hold, we could see prices...

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Mid-Morning ES Price Action Chart 05-10-2022

Mack

We are getting a mild bounce this morning, but I am not sure it is anything more than a small bounce in a larger downtrend. I am watching the two-tiered blue channel...

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Mid-Morning ES Price Action Chart 05-09-2022

Mack

The trend and bias are down this morning, although prices have been mostly sideways since just after the regular session opening times. Prices have completed a measured move down based on the...

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Mid-Morning ES Price Action Chart 05-06-2022

Mack

Prices pushed lower in early trading and attempted a test of the most recent lows on the daily chart down around 4055.00. Prices did not quiet make that lower level and have...

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Increase in Margins

Mack

I just got notice that margins doubled from $400 to $800 in the ES with our group broker. Be sure to stay on top of your margins, as that could take you

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

Mack

I am posting this a bit earlier than usual since I have to step out of the office for some business that I need to attend to around the time I normally...

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