So far today has been very mixed, so it looks to be a range day thus far. Things could change before the day is over, so be flexible. The market is very bearish right now, although it is very oversold as well, so a quick and unexpected bounce could come at any time. Just trade wisely and do not try picking bottoms or tops, just wait patiently for the trends to prove themselves before you start switching gears. Nothing will bring your trading down quicker than trying to pick tops and bottoms.

Mack’s 2000 Tick ES Price Action Chart for 09-28-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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