Mack’s Mid-Morning ES Price Action Chart 05-28-2024

Mack

We had a small bug with the website after a recent update, so I was busy helping resolve that this morning, so that is why our mid-morning report is a bit late.

Mack’s Mid-Morning ES Price Action Chart 05-22-2024

Mack

Prices opened lower after trading down during the overnight session, leaving an overhead gap on the regular session chart. Prices have been working higher in an attempt to fill that gap, so

Mack’s Mid-Morning ES Price Action Chart 05-21-2024

Mack

It looks to be another low volume day with prices mostly rangebound. Prices opened lower so there was a gap on the regular session chart, but that was filled in the last

Mack’s Mid-Morning ES Price Action Chart 05-20-2024

Mack

Prices are trending higher again this morning. The volume remains low, and prices are in overbought territory, so be aware of the possibility of a correction sometime soon. That could come today

Mack’s Mid-Morning ES Price Action Chart 05-17-2024

Mack

Prices appear to be range bound so far this morning. With the recent low volume, prices start out range like each morning it seems, but later prices end up trending in one

Mack’s Mid-Morning ES Price Action Chart 05-16-2024

Mack

Prices appear to be mostly range bound so far this morning. The volume is extremely light right now and prices are well into overbought territory with a new high in place on

Mack’s Mid-Morning ES Price Action Chart 05-15-2024

Mack

The rally continues today, and prices continue to push higher in what I believe is a retest of the recent highs. Prices are also pushing into overbought territory on the daily chart.

Mack’s Mid-Morning ES Price Action Chart 05-14-2024

Mack

Prices are rallying this morning but have not breached the most recent highs just yet. I do see a break and a new high in the current trend channel, but that does

Mack’s Mid-Morning ES Price Action Chart 05-13-2024

Mack

Prices appear to be range bound this morning. There is a gap on the chart and prices appear to be attempting to fill that gap, although prices have gone somewhat sideways as

Mack’s Mid-Morning ES Price Action Chart 05-10-2024

Mack

Today looks like it might be a range day. Prices are working lower to fill the gap down at 5240.00, which also is the overnight lows as well. Prices turned down right