Mack’s Mid-Morning ES Price Action Chart 03-25-2024

I am now released from jury duty and as promised, I will upload a chart for you.

Prices are in a mild uptrend at this point. There is an overhead gap on the chart and prices are likely attempting to fill that gap. That target is up at 5289.75, although prices have been finding stiff resistance at 5287.00, so prices will need to breach that resistance in order to meet that first possible target.

I do see a two-tiered channel working higher and it is still in play, so that 5289.75 price level would still be my first near term target if prices can get through the tough resistance. For now, the trend and bias are both mildly up.

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