Mack’s Mid-Morning ES Price Action Chart 10-20-2023

Mack

Prices started out range like again this morning, then broke lower and are now trending downward. I would call the trend and bias down for now, but that could change. Watch for

Mack’s Mid-Morning ES Price Action Chart 10-19-2023

Mack

Prices are trending down as I am typing, but the overall feel is a range at the moment. I would expect some mixed trading no matter how things play out, but this

Mack’s Mid-Morning ES Price Action Chart 10-18-2023.

Mack

The trend and bias have been mixed since just after the regular session opening, but there is still a light bearish tone overall for now. I see a break of the two-tiered

Mack’s Mid-Morning ES Price Action Chart 10-17-2023

Mack

I have jury duty this morning and have to leave the office early, so I’m posting the chart earlier than normal. I should be back in the office later, so this should

Mack’s Mid-Morning ES Price Action Chart 10-16-2023

Mack

The trend and bias are up at the moment, and the momentum seems to be accelerating as well. I’m estimating the upper side of the channel at this point, so that could

Mack’s Mid-Morning ES Price Action Chart 10-12-2023

Mack

The trend and bias are down this morning. The blue two-tiered channel working lower does have a break of the trendline and a new low in place, so things could go sideways

Mack’s Mid-Morning ES Price Action Chart 10-11-2023

Mack

Prices look to be range bound at the moment. As I am typing, prices have just turned off the highs and are trending lower, so the bias is slightly down to sideways

Mack’s Mid-Morning ES Price Action Chart 10-10-2023

Mack

Prices broke out of a tight overnight range and are trending higher as I am typing. Prices also blew right through the EMA on the daily chart with zero resistance, so things

Mack’s Mid-Morning Price Action Chart 10-09-2023

Mack

Prices gapped down at the open last night with the news coming out of the middle east. As you would normally expect, prices are now attempting to fill that gap. For now,

Mack’s Mid-Morning ES Price Action Chart 10-06-2023

Mack

The trend and bias turned down strongly after the unemployment news came out this morning. Prices dropped over 50 points in about 20 minutes, only to recover a bit more than half