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

The volume and volatility are very low this morning. Prices remain overbought, but the measured move target still has a lot of room, so we will have to see if prices can muster up the momentum to continue higher here. For now, prices are range bound with a mild bearish tint to them. That can and might change as the day progresses though, so just stay with the price action and let it show you where it intends to go.

I am still awaiting my test results. Unfortunately, they imaged the wrong part of my body on Thursday, so I had to go back for another CT scan on Friday. 🙁 I should hear something today on my results, so will update everyone when I know more. Thanks again for all of the emails and prayers!