Mack’s Mid-Morning ES Price Action Chart 05-31-2024

Mack

Prices rallied during the overnight but are in a strong and steep sell off that started right after the regular session opening. As of now, the market is trending down strongly so

Mack’s Mid-Morning ES Price Action Chart 5-30-24

Mack

Prices rallied some during the overnight session but have been mostly sideways to down since the regular session opening at 8:30 AM CST. At the moment, this looks to be a range

Mack’s Mid-Morning ES Price Action Chart 05-29-2024

Mack

Prices sold off strongly during the overnight session and have gone mostly flat since just after the regular session opening. There is a large gap on the regular session daily chart, and

Mack’s Mid-Morning ES Price Action Chart 05-28-2024

Mack

We had a small bug with the website after a recent update, so I was busy helping resolve that this morning, so that is why our mid-morning report is a bit late.

Mack’s Mid-Morning ES Price Action Chart 05-22-2024

Mack

Prices opened lower after trading down during the overnight session, leaving an overhead gap on the regular session chart. Prices have been working higher in an attempt to fill that gap, so

Mack’s Mid-Morning ES Price Action Chart 05-21-2024

Mack

It looks to be another low volume day with prices mostly rangebound. Prices opened lower so there was a gap on the regular session chart, but that was filled in the last

Mack’s Mid-Morning ES Price Action Chart 05-20-2024

Mack

Prices are trending higher again this morning. The volume remains low, and prices are in overbought territory, so be aware of the possibility of a correction sometime soon. That could come today

Mack’s Mid-Morning ES Price Action Chart 05-17-2024

Mack

Prices appear to be range bound so far this morning. With the recent low volume, prices start out range like each morning it seems, but later prices end up trending in one

Mack’s Mid-Morning ES Price Action Chart 05-16-2024

Mack

Prices appear to be mostly range bound so far this morning. The volume is extremely light right now and prices are well into overbought territory with a new high in place on

Mack’s Mid-Morning ES Price Action Chart 05-15-2024

Mack

The rally continues today, and prices continue to push higher in what I believe is a retest of the recent highs. Prices are also pushing into overbought territory on the daily chart.