This looks to be another mixed trading day overall. It’s also another mixed inside bar on the daily chart, so even the daily chart is hinting at more of the same for today. This market is just spinning its wheels for now and while not selling off, it is not continuing on to new highs either. Things could change by the time today is complete, but for now, this looks to be another day of mixed trading.

Mack’s 2000 Tick ES Price Action Chart for 05-15-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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Comments

ssain1515 May 15, 2023 at

Appreciate you Mack, I hope you have a good day.

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