Mack’s Mid-Morning ES Price Action Chart 06-30-2023

Mack

The market is rallying this morning and it is rallying strongly. I’m guessing no one wants to go into the long holiday weekend short this market. I see prices working on a...

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Mack’s Mid-Morning ES Price Action Chart 06-29-2023

Mack

Once again, prices sold off on the news today, only to rebound now and attempt to take back the sell off. News items will do that often. The market overreacts to the...

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Mack’s Mid-Morning ES Price Action Chart 06-28-2023

Mack

Prices are mostly sideways again so far this morning. This may end up as another range day. Prices could always trend in one direction or the other before the day is over,...

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Mack’s Mid-Morning ES Price Action Chart 06-27-2023

Mack

Thus far, prices are sideways today with no real direction at all. The daily chart is showing us an inside day, but that will likely change before the day is over. A...

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Mack’s Mid-Morning ES Price Action Chart 06-26-2023

Mack

Prices look range bound as I am typing this up, but we could see prices trend in one direction or the other before the day is over. My first target to the...

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Mack’s Mid-Morning ES Price Action Chart 06-23-2023

Mack

It looks like the rally yesterday was short lived, as prices turned down again and trended much lower during the overnight session. Prices found support at the regular session opening and have...

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Mack’s Mid-Morning ES Price Action Chart 06-22-2023

Mack

Prices have been mostly sideways until just after the regular session opening when prices rallied higher. We are now seeing a new high for the day. We will have to see if...

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Mack’s Mid-Morning ES Price Action Chart 06-21-2023

Mack

The trend continues to push lower this morning. There is a break of the light blue channel, but the darker blue channel is still a possibility, so respect it until prices show

Mack’s Mid-Morning ES Price Action Chart 06-20-2023

Mack

The trend and bias are down this morning and the sell off seems to be picking up steam. The market was extremely overbought, so a correction was likely to come soon. In

Mack’s Mid-Morning ES Price Action Chart 06-16-2023

Mack

It looks like Monday will be a holiday, so no trading on Monday due to the Juneteenth holiday trading schedule. Enjoy the long weekend! Prices are mixed today, but there is still