Price Action Trading

Mack’s Mid-Morning ES Chart 05-08-2026

Mid-Morning Report Image
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The market is rallying again today. There was good news with the unemployment numbers that came out this morning, and that has helped give the rally some credibility maybe. At any rate, the market is making new all-time highs again this morning and the trend and bias are both up, so stay with that until the market shows us otherwise.

ES 06 26 2000 Tick 2026 05 08 9 19 30 AM 1024x547
Mack’s 2000 Tick ES Chart for 05-08-2026.
2026 05 08 9 19 08 AM 1024x547
Mack’s Daily Chart with the Envelope Bands/Strategy.

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