Mack’s Mid-Morning ES Price Action Chart 10-04-2023
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Prices rallied strongly during the overnight session giving the impression that prices might have found a bottom yesterday. However, since just after the regular session opening, prices have turned down again and or trending down strongly as I am typing. For now, the trend and bias are down, so stick with that until the price action shows us otherwise.
Comments
jtrade October 4, 2023 at
Hello. I recently purchased the envelope strategy. Do you ever discuss where we at concerning the envelope strategy (reversal patterns/entry points) or is this something we discern for ourselves? Thanks in advance.
Mack October 4, 2023 at
I talk about the daily chart with the Envelope strategy at the start of every chart lesson on YouTube. I do not discuss trades because I don’t really trade the daily chart. I only day trade the 2000 Tick chart.