Prices are trending higher this morning, although the volume is low, and the trend is mild. There is a gap on the chart, and if prices turn down, that would be a first target to the downside. That target is down at 5296.25. Stay with the trend as long as it is in play, but do not be surprised if we see more mixed trading before the day is over.

Mack’s 2000 Tick ES Chart for 03-21-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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