Prices are rallying this morning, so we appear to be getting some follow through buying off of the reversal bar that formed yesterday on the daily chart. We are close to two legs up now on this mornings chart, so be careful getting long into that measured move up. Prices could reverse there and trend lower, or they could just keep working higher or even sideways for a bit. Let the price action prove out first and base your trade decisions on what prices are actually doing, not what you think. For now, the trend and bias are both up.

Mack’s 2000 Tick ES Chart for 02-28-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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