The market continues to rally. Prices are mostly up this morning, but they have found resistance around 6061.25, so respect that price level until prices prove it is no longer holding. There is a large overhead gap on the chart, and should prices attempt to fill that gap, that target is down at 6015.50. For now, I would call the bias up, but that could change if prices cannot push through the overhead resistance. Prices like to fill those gaps, so things could change before the day is over.
Mack’s 2000 Tick ES Chart for 12-02-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.