Mack’s Mid-Day ES Price Action Chart 07-25-2024

Mack

Prices completed a measured move down on the daily chart and also moved well into oversold territory at the same time. After spending the overnight session in a range, prices managed to...

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Mack’s Mid-Morning ES Price Action Chart 07-24-2024

Mack

We are definitely seeing follow through selling today. Things have been selling off in a very steep channel, which is often hard to sustain very long. I see a possible flatter channel...

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Mack’s Mid-Morning ES Price Action Chart 07-23-2024

Mack

Prices have rallied this morning, but the current trend channel appears to be playing out for the moment. That does not mean that the trend up cannot re-establish itself, but as of...

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Mack’s Mid-Morning ES Price Action Chart 07-22-2024

Mack

Prices rallied during the overnight session only to turn lower just after the regular session opening. There is a large overhead gap on the daily chart, so price may attempt to fill...

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Mack’s Mid-Morning ES Price Action Chart 07-19-2024

Mack

As of now, prices are range bound, but prices are testing the lows and attempting to break lower out of the range as I am typing this report up. The overnight lows...

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Mack’s Mid-Morning ES Price Action Chart 07-18-2024

Mack

Prices are mostly sideways today thus far, but they are trending higher at the moment and testing the overnight highs as I am writing this up. Those overnight highs also just happen...

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Mack’s Mid-Morning ES Price Action Chart 07-16-2024

Mack

Prices rallied during the overnight session and into the early opening but have now turned lower. The higher opening left a gap on the chart, so prices are likely trying to fill...

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Mack’s Mid-Morning ES Price Action Chart 07-15-2024

Mack

The trend and bias are up this morning. There is strong resistance around 5700.00 – 5707.00, so watch that price level closely. Be careful getting long into that price level. There is...

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Mack’s Mid-Morning ES Price Action Chart 07-12-2024

Mack

Prices are rallying back into overbought territory again this morning after turning up right off of the blue trend line on the daily chart. It appears that the blue trend line on...

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Mack’s Mid-Morning ES Price Action Chart 07-11-2024

Mack

The trend and bias are down today. The CPI news was released today, and it shows cooling inflation. Not that I believe any of their reports, as they are all rigged. However,...

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