Price Action Trading

Mack’s Mid-Morning ES Chart 04-16-2026

Mid-Morning Report Image
NT PartnerDisplay 3 728x90

It appears that the range highs on the daily chart are going to hold for now. Prices may take another run at it before the day is over, but as of now, prices appear to be correcting and trending lower. The market is severely overbought, so a correction is needed, even if prices are eventually going to new highs. For now, the trend and bias are down, but stay flexible and expect mixed trading at times.

ES 06 26 2000 Tick 2026 04 16 9 19 15 AM 1024x547
Mack’s 2000 Tick ES Chart for 04-16-2026.
2026 04 16 9 15 27 AM 1024x546
Mack’s Daily Chart with the Envelope Bands/Strategy.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.