Mack’s Mid-Morning ES Chart 12-14-2024

Note that Monday is Presidents Day, and the markets will be closed, so there will be no mid-morning chart or YouTube lesson on Monday. I will see you on Tuesday. Have a great extended weekend!

Prices have been rallying since the early morning hours of the overnight session but now appear to have found resistance at the highs and are turning down. This has the look and feel of a possible range day. I would expect mixed trading for now, but things could change at some point, so stay flexible and follow the price action. For now, I am calling this a range day with mixed trading. Again, that could change as the day progresses.