The market is slow and non-directional so far this morning. There are no news items to spark any movements today, so it main remain a quiet day overall. The market does have an opening gap this morning, so prices could attempt to fill that gap at some point. That target is down at 5841.50. For now, I would call the market mixed and likely a range day if things do not change as the day progresses. Watch for prices to attempt to fill the gap at some point, as that is a highly likely scenario if prices remain mixed today.

Mack’s 2000 Tick ES Chart for 10-28-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.