Prices appear to be range bound again today. It looks like I missed a nice rally day on Friday. This market just continues to inch higher, but after most big rallies, we get a choppy sideways day or a small correction day, so that pattern could continue today.

Right now, it looks like a choppy range, but that can always change, so follow the price action and let it dictate your decisions. Until something changes, this is a mostly sideways mixed trading day at the moment.

Mack’s 2000 Tick ES Price Action Chart for 03/04/2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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