Prices traded lower early on but have reversed now and are trending higher. We have seen this happen a lot recently. The question will be this: Can the rally stick or will prices turn lower yet again at some point. For now, the trend and bias are up, but we could still see mixed trading and prices could still turn down at any point.
Mack’s 2000 Tick ES Chart for 03-03-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.