Mid-Morning Report Image

Prices rallied strongly at the regular session opening this morning, only to quickly sell off after reaching new highs again. Most of that move up was just erased moments ago, so we will see if prices reset and work higher again, or if they will do something different. The volume appears thinner again so far today, so this could be a low volume mixed trading day in the end. It is possible the rally could start up again, so be prepared for whatever the market throws our way today.

For the moment, the trend and bias are down, but prices are just now bouncing off of the original opening prices from the regular session this morning (8:30 AM CST), so we will have to see how this day will play out in the end. I am guessing we will see mixed trading no matter how things play out overall.

Mack’s 2000 Tick ES Chart for 05-29-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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