Mack’s Mid-Morning ES Price Action Chart 06-07-2024

Prices have rallied on the unemployment news this morning. Prices are pushing higher to test the overnight highs. There has been strong resistance around 5373.00, so watch that price level closely, and be careful getting long at that level. Let prices prove they are going higher first. For now, the trend and bias are both up and strongly so at this point. This could still end up as a range type day, but for now, prices are rallying strongly.

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