Mid-Morning ES Price Action Chart 09-16-2022

Mack

The selling has continued into today’s trading and prices worked lower during the overnight session and into the early regular session opening. The overnight drop has left a gap on the chart,...

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Inflation Numbers are Worse Than Reported

Mack

In Wednesday’s YouTube video, I talked briefly about the smoke and mirrors that the government is using to mask how bad our inflation numbers truly are in America at the moment. It

Mid-Morning ES Price Action Chart 09-15-2022

Mack

So far, today looks to be another range day. As always, that could change as the day progresses, but as I am typing this up, prices are ranging between 3945.00 and 3977.00....

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Mid-Morning ES Price Action Chart 09-14-2022

Mack

This started off as a range type day, but prices have just pushed lower below the overnight lows as I am typing up this report. If the breakout does not fail and...

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Mid-Morning ES Price Action Chart 09-13-2022

Mack

After rallying for a few days, the sellers came back in with a vengeance this morning on higher-than-expected inflation news. No matter how good the rallies look, the selloff is usually stronger...

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Mid-Morning ES Price Action Chart 09-12-2022

Mack

The trend is up and strongly so this morning. It appears that prices are going to at least test the breakout area on the daily chart, and that target is up around...

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

Mack

Prices are trading higher again this morning, but again, with a lot of sideways action. Prices have traded up into the 21 EMA and the down sloping trendline on the daily chart,...

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Mid-Morning ES Price Action Chart 09-08-2022

Mack

Thus far this looks to be a possible up day or maybe even range day. Prices are trending weakly higher, so we could continue to see this rally go a bit higher...

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Mid-Morning ES Price Action Chart for 09-07-2022

Mack

Today looks to be a range day so far. There are two legs up, but the second leg came up very short of a measured move, so if prices do not rally...

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

Mack

The selloff continues this morning, although prices seem to have found at least a temporary bottom. Prices are a bit oversold, so a correction would not be out of the question now....

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