Mack’s Mid-Morning ES Price Action Chart 01-12-2024

The trend and bias are both down as I am making this report, but things are still choppy as well. This could end up as a range day or prices could even rally before the day is over, so follow the price action while being patient and disciplined. Be prepared for anything. For now, stay with the downtrend as long as it continues.

Monday 1-15-2024 is a holiday, so no chart lesson or mid-morning report on Monday.