Mack’s Mid-Morning ES Price Action Chart 05-17-2024

Prices appear to be range bound so far this morning. With the recent low volume, prices start out range like each morning it seems, but later prices end up trending in one direction or the other, so that could happen again today. For now, I would say the bias is sideways to slightly up since prices are trending higher off the lows of the range for now. That will likely change a few times before the day is over, so stay flexible and trade the range until prices show us otherwise.

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