Prices are rallying to new highs once again this morning. This market just wants to go higher, so do not argue with it. Because prices are very overbought, we could see a correction at some point but trying to time that correction is next to impossible. Therefore, stay with the trend and do not argue with it until the chart shows you otherwise.

Mack’s 2000 Tick ES Chart for 05-11-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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