Mid-Morning ES Price Action Chart 06-17-2022

Mack

What looked to be a possible range day has now seen prices sell off and move lower outside of the range support. We could see a failed break lower that leads to...

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Mid-Morning ES Price Action Chart 06-16-2022

Mack

As expected, prices continued to push lower to test the lower side of the channel on the daily chart. Maybe we can get a bounce now, but I just do not know,...

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Mid-Morning ES Price Action Chart 06-15-2022

Mack

Today is an FOMC announcement day and they are expecting a .50 point raise today. Anything more than that, and a bigger raise is very possible since inflation is so out of...

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Mid-Morning ES Price Action Chart 06-14-2022

Mack

Prices are trending lower again this morning, and while they have bounced a few times, the overall trend and bias are still down. The daily chart is showing the days price action...

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Mid-Morning ES Price Action Chart 06-13-2022

Mack

The trend and bias are down again this morning, as the selloff continues. Prices have made a new low now on the daily chart, so prices could find support at some point...

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Mid-Morning ES Price Action Chart 06-10-2022

Mack

The sell off from yesterday continues this morning. It looks to me as if prices are going to at least test the most recent lows on the daily chart once again at...

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Mid-Morning ES Price Action Chart 06-09-2022

Mack

Prices traded down into the regular session opening but have been mostly mixed and sideways since that point in time. It is possible prices will still make a measured move down at...

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No Mid-Morning Charts until 06/09/2022

Mack

This is just a reminder that I am out of the office on vacation Monday – Wednesday this week, so no mid-morning charts and no YouTube lessons until I am back. I

Mid-Morning ES Price Action Chart 06-03-2022

Mack

I had a minor family emergency this morning, thus the lateness of this report. Thanks for bearing with me. The rally appears to have been short lived. Prices might be pulling back...

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Mid-Morning ES Price Action Chart 06-02-2022

Mack

Prices looked to be range bound again today but they are now pushing lower, so there is a possibility of a measured leg down. A measured leg down gives us a target...

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