Mack’s Mid-Morning ES Price Action Chart 08-30-2024

Mack

Today looks almost the same as the chart did yesterday at this time of day. The spike up is not as strong, but it is the same general pattern with a spike...

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Mack’s Mid-Morning ES Price Action Chart 08-29-2024

Mack

Prices bounced off of the mid-line of the Envelope Bands on the daily chart and surged higher afterwards. I see a large spike and channel at the moment, and prices have rallied...

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Mack’s Mid-Morning ES Price Action Chart 08-28-2024

Mack

So far this looks to be a range day. There was a slight downward bias most of the early morning, but once prices reached the overnight lows, they bounced. That does not...

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Mack’s Mid-Morning ES Price Action Chart 08-27-2024

Mack

This looks to be a possible range day, but how prices react as they retest the highs of the overnight will determine how the day goes most likely. Looking at the daily...

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Mack’s Mid-Morning ES Price Action Chart 08-26-2024

Mack

Prices are trending lower as I am making this report, but this has the look of a possible range type day as well. We will need to watch and see how prices...

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Mack’s Mid-Morning ES Price Action Chart 08-23-2024

Mack

Prices rallied during the overnight and early morning on an uptick in the 9:00 AM CST new home sales. Fed Chair Powell also said it was time to cut interest rates. As...

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Mack’s Mid-Morning ES Price Action Chart 08-22-2024

Mack

Prices turned down just after the regular session opening this morning and have now filled the gap that was left from the higher opening. Prices have not turned higher yet after filling...

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Mack’s Mid-Morning ES Price Action Chart 08-21-2024

Mack

First off, my apologies on the YouTube chart lesson yesterday. I am not sure what happened to the sound. That issue has popped up in the past, and it usually is because...

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Live Trade Example

Mack

I have gotten a few emails and comments lately that the strategy we teach is no longer valid due to the high volatility. That is simply not true, so I wanted to

Mack’s Mid-Morning ES Price Action Chart 08-20-2024

Mack

Prices are very overbought at the moment and if you look to the daily chart, prices are pushing through the upper band of Envelope, indicating that a correction could come soon. That...

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