Mack’s Mid-Morning ES Price Action Chart 03-08-2023

Mack

It looks to be another range type day today so far. Prices could push for another leg down, but it is a bit early to know that for certain. If prices push...

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Mack’s Mid-Morning ES Price Action Chart 03-27-2023

Mack

So far there looks to be mixed trading today. There is strong resistance around 4035.00, but prices did trade up into these levels, so it is difficult to know if this is...

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Mack’s Mid-Morning ES Price Action Chart 03-24-2023

Mack

Prices sold off during the overnight session but have been sideways since just prior to the regular session opening at 8:30 AM CST. I would expect that today will bring more mixed...

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Mack’s Mid-Morning ES Price Action Chart 03-23-2023

Mack

Prices are rebounding some after the large sell off yesterday. Some consolidation after a large sell off like that is not unexpected. We could see prices continue to rally as the day...

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Mack’s Mid-Morning ES Price Action Chart 03-22-23

Mack

The volume and volatility are really low so far this morning, but that is not totally unexpected due to the fact that there will be an FOMC rate decision at 1 PM...

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Mack’s Mid-Morning ES Price Action Chart 03-21-2023

Mack

Prices continued to rally during the overnight session but have gone flat since just after the regular session opening at 8:30 AM CST. As I am writing this up, I would call...

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Mack’s Mid-Morning ES Price Action Chart 03-20-2023

Mack

The trend and bias are up, although it is a weak spike and channel pattern that is almost sideways. The trend is mixed enough for now that you can trade it both...

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Mack’s Mid-Morning ES Price Action Chart 03-17-2023

Mack

The trend and bias are down so far this morning. Prices turned down right off of the mid-line on the daily chart, and if we get a measured move down, we are...

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Mack’s Mid-Morning ES Price Action Chart 03-16-2023

Mack

Prices are mostly mixed again after another early sell off. I see a nice two-legged correction after the break of the blue down channel, so it is possible we could see prices...

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Mack’s Mid-Morning ES Price Action Chart 03-15-2023

Mack

Prices sold off hard during the overnight session but have found some support and have been trading sideways since just after the regular session opening. There bias is still somewhat bearish, but...

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