Mack’s Mid-Morning ES Price Action Chart 05-05-23

Mack

Today has seen a large rally in prices. There is a clear two-tiered channel working higher, so stay with the trend and bias until prices show us something different. I hope everyone...

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Mack’s Mid-Morning ES Price Action Chart 05-04-2023

Mack

Thus far the selling has continued today. There is a possibility that this could still be a range type day, but right now, the trend and bias are down, and the down...

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Mack’s Mid-Morning ES Price Action Chart 05-03-2023

Mack

So far this feels like a sideways consolidation day after the large sell off from yesterday. There is an FOMC announcement today, and everyone is on pins and needles waiting to see...

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Mack’s Mid-Morning ES Price Action Chart 05-02-2023

Mack

It certainly appears that yesterday was indeed a reversal day. The sell off is brutal today, and very strong. Stay with the trend as along as it is play and do not...

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Mack’s Mid-Morning ES Price Action Chart 05-01-2023

Mack

We are starting a new month today, so April is now behind us. It seems like the volume starts to dry up as we get into these higher price levels. That does...

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Mack’s Mid-Morning ES Price Action Chart 04-28-2023

Mack

Thus far we are seeing strong buying again this morning and follow through from the rally from yesterday. I would expect prices are going to make a new high at a minimum,...

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Mid-Morning ES Price Action Chart 04-27-2023

Mack

The trend and bias are up today. Stay with the trend until something changes. We could still see mixed trading today, so stay nimble as well. Prices just traded down through the...

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Mack’s Mid-Morning ES Price Action Chart 04-26-2023

Mack

What looked like it was going to be another range day has turned into another down day now. The khaki-colored down channel looks valid, but there is a break of it and...

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Mack’s Mid-Morning ES Price Action Chart 04-25-2023

Mack

Prices appear to be moving lower with quick drops, followed by tight sideways action. Be careful trading those tight congestion areas if they continue, as you can easily get chopped up trading...

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Mack’s Mid-Morning ES Price Action Chart 04-24-2023

Mack

Prices rallied early on but went flat right after the regular session opening. The trend and bias are still very slightly up but they do seem to be transitioning to sideways as...

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