Price Action Trading

Mack’s Mid-Morning ES Chart 05-02-2025

Mid-Morning Report Image

Prices continue to push higher and further outside of the oversold bands on the daily chart. That indicates to me that prices are still attempting a measured move higher, so the 5825.00 – 5830.00 price region is still a viable target. That does not mean we will make it or even overshoot that price, but that is the general target for now.

The trend and bias are both up, so stay with the uptrend until the chart shows us otherwise.

ES 06 25 2000 Tick 2025 05 02 9 29 16 AM 1024x547
Mack’s Mid-Morning ES Chart for 05-02-2025.
2025 05 02 9 29 33 AM 1024x547
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Your email address will not be published.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.