No real surprise that the market is rallying today. After a couple of down days, this market usually pushes higher again, and today prices are close to making new highs again. Things normally slow down and get choppy after the regular session opening at 8:30 AM CST, so we could see more mixed trading as the day progresses. For now, the trend and bias are up.

Mack’s Mid-Morning ES Chart for 03-07-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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