The trend and bias are both down this morning. If today follows the recent pattern, we will probably still see mixed trading and maybe even a rally before the day is over. For now, the trend and bias are down though, so stay with that until the price action shows us otherwise.

Mack’s 2000 Tick ES Chart 02-16-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.