Mack’s Mid-Morning ES Price Action Chart 08-21-2023

Mack

For a moment, it appeared as though prices might rally some today, but as of now, trading is mixed and mostly sideways. There is still a slight upward bias, but that could...

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Mack’s Mid-Morning ES Price Action Chart 08-18-2023

Mack

Prices sold off last night but found support again at the regular session opening and have been mixed since that point in time. Prices are extremely oversold right now and have moved...

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Mack’s Mid-Morning ES Price Action Chart 08-17-2023

Mack

The price action is mixed so far this morning. After an overnight rally, prices started selling off at the regular session opening and have now gone sideways. This could end up as...

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Mack’s Mid-Morning ES Price Action Chart 08-16-2023

Mack

Prices appear to be range bound today. There is a release of FOMC minutes today at 1 PM CST, so be flat well before that news comes out. For now, prices are...

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Mack’s Mid-Morning ES Price Action Chart 08-15-2023

Mack

Prices are trending lower again today and appear to be attempting a second measured leg down. That does not mean prices cannot turn higher at any time, but a measured leg down...

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Mack’s Mid-Morning ES Price Action Chart 08-14-2023

Mack

Prices are mixed so far today. We have seen both strong rallies and sell offs so far, so the market is still in a bit of volatility, and it is difficult to...

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Mack’s Mid-Morning ES Price Action Chart 08-11-2023

Mack

We are seeing more mixed trading today so far. Prices sold off during the overnight session, only to rally just after the regular session opening. There was a small gap on the...

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Mack’s Mid-Morning ES Price Action Chart 08-10-2023

Mack

Prices rallied strongly after CPI and Unemployment news this morning. However, they have now found resistance around 4545.00 and are mostly sideways now. Prices may be working on a flatter and more...

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Mack’s Mid-Morning ES Price Action Chart 08-09-2023

Mack

The trend and bias have been down this morning, but prices have found support around the 4510.00 price level. If this level holds, we could see a range day or even another...

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

Mack

After a rally yesterday, the downtrend as started back up again. It does appear that prices were pulling back to test the midline on the daily chart before heading lower once again....

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