Mack’s Mid-Morning ES Price Action Chart 02-03-2023

Mack

While prices have been mixed, the overall trend and bias are up as I am typing this up. This market continues to find heave buying at times, so do not try and...

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Mack’s Mid-Morning ES Price Action Chart 02-01-2023

Mack

Prices are mixed but have an upward bias all the same. Respect the overnight highs as prices approach them and make that price level prove that it is no longer holding prices...

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Mack’s Mid-Morning ES Price Action Chart 02-01-2023

Mack

Today is a big news day, particularly the 1 PM FOMC Statement. Make sure you are flat an hour before that one. The others I would be flat 15 to 20 minutes...

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Mack’s Mid-Morning ES Price Action Chart 01-31-2023

Mack

While prices have been sideways in a tight channel for the last couple of hours, there was a strong trend up into this range. That could lead to another attempt at a...

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Mack’s Mid-Morning ES Price Action Chart 01-30-2023

Mack

Today has been mixed thus far, so it could go a few different ways. For now, the bias is mostly down, and prices could be about to attempt a measured leg down...

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Mack’s Mid-Morning ES Price Action Chart 01-27-2023

Mack

Another range with a break and trend higher. Will the trend continue today or turn downward at some point? Lately, the early trend usually turns before the day is over, but nothing...

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Mack’s Mid-Morning ES Price Action Chart 01-26-2023

Mack

The market started off pushing higher again this morning but has run into selling once again. So far, this looks like a range type day, and the trading is mixed as I...

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Mack’s Mid-Morning ES Price Action Chart 01-25-2023

Mack

The trend is down and down sharply this morning. There was an early sell off that was strong with a steep downtrend channel. It appears that channel has now rolled over into...

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Mack’s Mid-Morning ES Price Action Chart 01-24-2023

Mack

It looks like we could have more mixed trading today. The bias is somewhat down although mostly mixed and sideways. As of right now though, there is a bit of a downward...

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Mack’s Mid-Morning ES Price Action Chart 01-23-2023

Mack

Prices are trending higher again this morning but are very close to reaching the large bearish channel trendline on the daily chart. That long term trendline has turned prices lower every time,...

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