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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Mack’s Mid-Morning ES Price Action Chart 07-14-2023

Mack

Once again, the market rallied during the overnight session, only to go flat just after the regular session opening. As we have seen lately, the market can and likely will trend in...

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Mack’s Mid-Morning ES Price Action Chart 07-13-2023

Mack

Prices continue to push higher and have now made a new all-time contract high. Again, most of the movement has come in the overnight session so far, and things are mostly sideways...

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Mack’s Mid-Morning ES Price Action Chart 07-12-2023

Mack

Prices are up strongly again this morning. They pushed right through the overhead resistance and the overhead trend channel line on the daily chart, so this has been a strong rally so...

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Mack’s Mid-Morning ES Price Action Chart 07-11-2023

Mack

So far it looks to be another mixed trading day. As of now, prices are trending lower, so a test of the overnight lows is likely. If prices fail to continue lower...

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Mack’s Mid-Morning ES Price Action Chart 07-10-2023

Mack

The bias is up slightly at the moment, but this looks to be mostly mixed trading as prices have slowly creeped higher. Prices may continue to go higher, but it’s difficult to...

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