Mack’s Mid-Morning ES Price Action Chart 07-17-2024

Mack

Prices are trending lower this morning and I see a spike and channel down at the moment. Prices sold off strongly during the overnight but have now gone into a much flatter

July 4th Holiday Correction

Mack

They sent out a correction on the holiday schedule, so it looks like today will be the last day of trading for me this week. The market will stop trading at Noon

Mack’s Mid-Morning ES Price Action Chart 06-18-2024

Mack

Prices appear to be range bound at this point in time, but as we have seen lately, that can change drastically before the day is over. At the moment, prices appear to

Mack’s Mid-Morning ES Price Action Chart 06-17-2024

Mack

Today is rollover day, so if you haven’t rolled over to the September contract, I would do so at some point today. So far, this appears to be a slow range type

Mack’s Mid-Morning ES Price Action Chart 06-14-2024

Mack

Prices sold off during the overnight session but have turned sideways somewhat since that point in time. The overall bias still has a bit of a downward bias, but this could just

Mack’s Mid-Morning ES Price Action Chart 06-13-2024

Mack

The trend and bias are both down sharply this morning. Prices have found some momentary support down around 5418.00, but we will have to see if it holds or not. For now,

Mack’s Mid-Morning ES Price Action Chart 06-12-2024

Mack

The market obviously liked the CPI news this morning, as it rallied strongly off that report, and is still creeping higher as I am typing this up. Do not forget that today

Mack’s Mid-Morning ES Price Action Chart 06-11-2024

Mack

Prices sold off early but reversed and turned up soon after the regular session opening. The market is moving slowly and methodically lately it seems, but it is moving. Prices will likely

Mack’s Mid-Morning ES Price Action Chart 06-10-2024

Mack

Prices are mostly sideways and rangebound so far this morning. There is a small gap on the chart and prices appear to be attempting to fill that as I am typing this

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

Mack

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