Someone recently asked why I do not mark the trades on this mid-morning chart. The idea for the mid-morning chart is not to show any setups or trades. The reasoning for it is simply so you can compare your early chart to mine and make sure that you are on the right track with your reads. Nothing more, nothing less, so please understand that this is why I do not mark any trades on this chart each morning. That is what the YouTube lesson is for, so I can point out the trades that presented themselves each day and explain them as well.

The trend and bias are both down this morning. Prices are rallying off of the lows of the range it appears, but that does not mean the downtrend is over yet, so stay focused on what prices are doing and do not get fooled. I am not saying prices will not rally from here, I am just saying that the larger two-tiered down channel still appears to be in play, so a temporary correction would not be out of the question at this point. As of now, the trend and bias are both still down.

Mack’s 2000 Tick ES Chart for 02-24-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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Comments

guitarplayer007 February 24, 2025 at

Is there anyway to enlarge the mid morning chart?
Thanks
Ken

Reply

    Mack February 24, 2025 at

    Not at the moment due to a security patch that doesn’t allow it. I’m looking for a work around without removing the security patch, but I’m not sure when or if it is possible yet. We have an issue with copycat websites stealing our work and posting it as their own or posting it elsewhere for others to view without having a membership. A few bad apples tend to spoil it for everyone else.

    Reply

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