Mack’s Mid-Morning ES Price Action Chart 12-15-2022

Mack

Prices are trending lower this morning and strongly so. I see a two-tiered spike and channel down at the moment, and it is still in play. If the market cannot rally again...

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Mack’s Mid-Morning ES Price Action Chart 12-14-2022

Mack

The trend and bias are up right now, but do not forget that there is an FOMC announcement at 1 PM CST, and that will likely shake things up and that news...

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Mack’s Mid-Morning ES Price Action Chart 12-13-2022

Mack

Prices shot straight up on the CPI news this morning, but they have been trending lower in a mild downtrend since that point in time. Prices usually take back news items rather...

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Mack’s Mid-Morning ES Price Action Chart 12-12-2022

Mack

Prices continue to work sideways on the daily chart, while up and down inside that price range on the intraday chart. There are no news events today, so nothing to spook the...

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Mack’s Mid-Morning ES Price Action Chart for...

Mack

After a large drop in prices in response to the PPI numbers this morning, prices have rebounded to some degree, but mostly sideways as of this point in time. A measured leg...

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Mack’s Mid-Morning ES Price Action Chart 12-08-2022

Mack

Prices are trending higher this morning and could make another measured leg up at a minimum. Looking to the daily chart, you would expect prices to pull back and test the EMA,...

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Mack’s Mid-Morning ES Price Action Chart 12-07-2022

Mack

Prices have been trending upward with mixed movements since early in the overnight session. It still looks to be range like price action overall for now though. Respect the highs of the...

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Mack’s Mid-Morning ES Price Action Chart 12-06-2022

Mack

The trend and bias are down this morning, although the small two-tiered channel I see working lower is maybe playing out as I am typing. The larger Cyan channel could be in...

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

Mack

Prices are in a downtrend so far this morning. The trend and bias are down and the two-tiered channel working lower is still in play as of this writing. Stay with the...

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Mack’s Mid-Morning ES Price Action Chart 12-02-2022

Mack

There was a huge selloff on the unemployment news this morning. That subsequently left a large gap on the chart when prices opened much lower at the regular session 8:30 AM CST...

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