Is anyone surprised that the market is rallying today? After any down day lately, it is off to the races the following day it seems. It would not shock me if this does not continue all the way into the election in November. I highly doubt this market will find anyway to sell off too much prior the election. Never say never though, but that would be my expectation. As always though, follow the price action and never trade what you think. ๐Ÿ™‚ For now, the trend and bias are both up today.

Mack’s 2000 Tick ES Price Action Chart 02-07-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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