Prices are mostly down this morning, but this could still end up as a mixed trading day. We will need to see how prices react once they test the overnight lows. For now, I would call the bias down, but respect those overnight lows until prices prove they are not holding or in play.

Mack’s 2000 Tick ES Chart for 07-30-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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