Mack’s Mid-Morning ES Price Action Chart 08-30-2023

Mack

Prices broke higher and trended strongly up to a measured move, only to suddenly sell off just as strongly. It looks like we might have had an overshoot on the blue channel

Mack’s Mid-Morning ES Price Action Chart 08-29-2023

Mack

Prices are rallying strongly this morning. There was a break and a new high on the original tight channel, but it looks as though that channel might have folded over into a

Mack’s Mid-Morning ES Price Action Chart 08-24-2023

Mack

Prices turned lower off of the midline of the daily chart and have sold off strongly this morning. For now, the trend and bias are down, although I see a break and

Mack’s Mid-Morning ES Price Action Chart 06-21-2023

Mack

The trend continues to push lower this morning. There is a break of the light blue channel, but the darker blue channel is still a possibility, so respect it until prices show

Mack’s Mid-Morning ES Price Action Chart 06-20-2023

Mack

The trend and bias are down this morning and the sell off seems to be picking up steam. The market was extremely overbought, so a correction was likely to come soon. In

Mack’s Mid-Morning ES Price Action Chart 06-16-2023

Mack

It looks like Monday will be a holiday, so no trading on Monday due to the Juneteenth holiday trading schedule. Enjoy the long weekend! Prices are mixed today, but there is still

Live Trade Example – Two Legs Back...

Mack

This was one of our bread-and-butter setups on two legs back to the Trendline followed by a 2nd entry trigger. There was an excellent signal bar to go with the setup, so

Mack’s Mid-Morning ES Price Action Chart 06-15-2023

Mack

The trend and bias are up again this morning. It looks like a spike and channel up, but I am not so sure about the larger light blue channel just yet, as

Mack’s Mid-Morning ES Price Action Chart 06-14-2023

Mack

I am back in the office today after a great fishing trip. It will take a me a day or so to catch up with the emails and get back on track,

Mack’s Mid-Morning ES Price Action Chart 06-09-2023

Mack

Prices are trending higher this morning, and strongly so far. I see a two-tiered channel working higher, so stay with that channel as long as it remains in play. For now, the