Mack’s Mid-Morning ES Price Action Chart 03-26-2024

Prices are choppy and range bound this morning. I would watch for a possible measured leg up from the last swing low, but if not successful, this could end up as a range day or even a down day. Prices appear to be working lower in an effort to fill the gap that is located down at 5280.75, which is also the overnight lows.

If prices do not fill that gap and start trending higher, watch for a possible measured leg up similar to the overnight leg up. For now, prices are choppy, and range bound it seems, so trade accordingly until prices show us otherwise.

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