Mack’s Mid-Morning ES Price Action Chart 04-03-2024

Prices rallied on the PMI news this morning and are once again trending higher. A measured move based on the width of the early morning range gives us a target of 5278.00 to the upside. Where prices go from there, we will have to wait and see. If prices do not make that target, we could see prices take back this rally before the day is over. For now, the bias and trend are up, so stay with that until the price action shows us otherwise.

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