Mack’s Mid-Morning ES Price Action Chart 12-18-2024

Mack

First and foremost, this will be my last workday of the year. I will complete a chart lesson today, but there won’t be a new mid-morning report or chart lesson until 2025,...

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Mack’s Mid-Morning ES Price Action Chart 12-17-2024

Mack

Prices have been down during the overnight and most of the morning, but they could be putting in a bottom as I am typing this up. If the support around 6118.50 holds,...

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Mack’s Mid-Morning ES Price Action Chart 12-16-2024

Mack

If you have not yet rolled over to the March 2025 contract, I would do so today. Also, I will work a regular week through Wednesday this week but will then take...

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Mack’s Mid-Morning ES Price Action Chart 12-13-2024

Mack

Prices are trending lower as I am typing this up. It appears that prices are attempting to fill the gap that was left due to the overnight rally. That target is down...

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

Mack

Prices opened lower this morning after trending down in the overnight session. That has left an overhead gap on the chart and prices appear to be pushing higher to fill that gap...

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Mack’s Mid-Morning ES Price Action Chart 12-11-2024

Mack

Prices are rallying again this morning. There was a large spike and channel up on the CPI news this morning, so the market obviously saw that news as positive. There has been...

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Mack’s Mid-Morning ES Price Action Chart 12-10-2024

Mack

So far this looks to be a range day. Prices could break out and trend at some point, but as of now, I would say prices are mixed and rangebound. There is...

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Mack’s Mid-Morning ES Price Action Chart 12-09-2024

Mack

Prices are trending lower this morning and once again, the volume and volatility are very low so far today. There are no news items to spark any sudden turns, so we could...

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Mack’s Mid-Morning ES Price Action Chart for...

Mack

Prices are rallying again this morning. The overnight uptrend has actually played out now, but rather than correcting, prices are only working sideways so far. That does not mean that prices cannot...

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Mack’s Mid-Morning ES Price Action Chart 12-05-2024

Mack

The volume is low, and prices chopped sideways most of the overnight session, pushing mildly up after the 8:30 AM CST regular session opening. After a small rally, prices now seem to...

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