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It looks to be another volatile day with more mixed trading overall. The overall bias is still down as I am typing, but that could be changing. Regardless of how the day plays out, I would expect more mixed trading and possible high volatility. Trade wisely and be nimble while avoiding any tight congestion. Maybe things will start trending consistently in one direction or the other, but nothing is certain at this point.

Mack’s 2000 Tick ES Chart for 05-02-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.
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joelmat May 2, 2024 at

Good warning. Avoid tight congestion. Thanks.

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