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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Mack’s Mid-Morning ES Price Action Chart 07-18-2023

Mack

The volume is low again today, but the trend is up all the same. Prices appear to be working on a measured leg up, although they are struggling to go higher. Should...

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Mack’s Mid-Morning ES Price Action Chart 07-17-2023

Mack

The trend and bias have been up so far this morning. Prices started out range bound again but pushed higher just at the regular session opening. There are two different targets based...

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