Mack’s Mid-Morning ES Price Action Chart 04-08-2024

Prices appear to be range bound as I am typing up this report. There is a mild upward bias at the moment, but if this is truly a range day, that bias will flip back and forth as prices trend from one side of the range to the other. Prices could still break higher or lower as the day progresses, but as of now, things appear to be sideways, as prices are still trading inside the overnight highs and lows. No matter how the day plays out, I would expect some mixed trading at times. For now, prices are attempting to go higher, so be patient and allow the price action to show you where it plans to go.

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