Prices are currently range bound and in a very tight range within the overnight highs and lows. Expect mixed trading but note the gap overhead on the chart. If prices attempt to fill that gap, that target to the upside would be 5214.50. For now, prices are stuck in a tight range (pink range) inside the overnight highs and lows, making this a range day for now. That could change at some point, but until then, trade this as a range day with mixed trading.

Mack’s 2000 Tick ES Chart for 03-19-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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