Mack’s Mid-Morning ES Price Action Chart 05-09-2024
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The volume continues to be much lower than usual, but prices are rallying so far this morning. Prices are attempting a second leg up but have not reached that price level yet. The larger blue channel is a possibility, but the trend line has not yet been confirmed. If prices come up short of that target, we could see a correction before the day is over. For now, the trend and bias are up, so stay with that until the price action shows us otherwise.
