Mack’s Mid-Morning ES Price Action Chart 08-01-2023

Mack

Prices are down today, but still mixed at times, so trade wisely and do not force entries. I would call the overall bias down, and it’s possible we will see two measured...

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Mack’s Mid-Morning ES Price Action Chart 07-31-2023

Mack

Prices look range bound again this morning, although they just made a higher high after the last turn off the highs of the range. If prices continue higher from there, that could...

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Mack’s Mid-Morning ES Price Action Chart 07-28-2023

Mack

The trend is up again this morning. As I have said a few times previously, this market just does not want to sell off. Any bearish days are quickly erased it seems....

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Mack’s Mid-Morning ES Price Action Chart 07-27-2023

Mack

The trend was up and up strongly during the overnight session but started selling off soon after the regular session opening. There is a gap on the daily chart, so prices will...

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Mack’s Mid-Morning ES Price Action Chart 07-26-2023

Mack

Today is an FOMC announcement day, and the market appears to be waiting for that news at the moment. So far prices are in a very tight range, which can often be...

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Mack’s Mid-Morning ES Price Action Chart 07-25-2023

Mack

Prices are slow again this morning and mixed so far. The bias is up slightly at the moment, but if this is a range day, that will flip back and forth. The...

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Mack’s Mid-Morning ES Price Action Chart 07-24-2023

Mack

Prices are mixed again this morning, so unless prices start making new highs or new lows on the day, this is likely to be a range type day. I drew what looks...

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Mack’s Mid-Morning ES Price Action Chart 07-21-2023

Mack

It looks like a mixed day so far. The path of least resistance is likely down right now, but that does not mean this market will not push higher again. For now,...

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Mack’s Mid-Morning ES Price Action Chart 07-20-2023

Mack

Prices have been mostly range-bound but are trying to push lower as I am typing this up. We are overdue for a correction, so some selling today would not be out of...

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Mack’s Mid-Morning ES Price Action Chart 07-19-2023

Mack

Since breaking into new highs for this contract, the market has been on fire and just keeps climbing. Prices are well into overbought territory at the moment, so a correction will come...

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