Mack’s Mid-Morning ES Price Action Chart 04-17-2024

Mack

It looks as if prices are still attempting to test the long-term upsloping trend line on the daily chart, so that is likely our first target. They rallied prices during the thin...

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Mack’s Mid-Morning ES Price Action Chart 04-16-2024

Mack

Prices are mostly range bound this morning, but the overall bias is still slightly down for now. That could change as the day progresses, but it appears prices are pushing lower to...

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Mack’s Mid-Morning ES Price Action Chart 04-15-2024

Mack

Prices rallied overnight, only to turn down soon after the regular session opening. The retail sales numbers came in higher than expected, which gives further reasons for the Fed to delay any...

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Mack’s Mid-Morning ES Price Action Chart 04-12-2024

Mack

The trend and bias are down again today. We will have to wait and see if this selloff will stick today or if they will rally it back again before the day...

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Mack’s Mid-Morning ES Price Action Chart 04-11-2024

Mack

The market rallied overnight but turned down immediately at the regular session opening at 8:30 AM CST. This may end up being a range day, but don’t be surprised if prices attempt...

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Mack’s Mid-Morning ES Price Action Chart 04-10-2024

Mack

Just as expected, the CPI numbers came in higher than what the government was telling us to expect. Even worse, is they continually update previous announcements, and we always find out they...

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Mack’s Mid-Morning ES Price Action Chart 04-09-2024

Mack

Another steep drop in prices just as I am typing this report up this morning. It will be interesting to see if buyers will step in and drive it back up again,...

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Mack’s Mid-Morning ES Price Action Chart 04-08-2024

Mack

Prices appear to be range bound as I am typing up this report. There is a mild upward bias at the moment, but if this is truly a range day, that bias...

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Mack’s Mid-Morning ES Price Action Chart 04-05-2024

Mack

Prices remained rangebound for most of the overnight session but broke out and higher just after the regular session opening. As of now, that breakout has failed, and prices are trading back...

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Mack’s Mid-Morning ES Price Action Chart 04-04-2024

Mack

Prices rallied again during the overnight, but turned down just at the regular session opening and are trending lower at the moment. There is a large overhead gap on the chart, and...

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