Mack’s Mid-Morning ES Price Action Chart 06-03-2024

After the crazy day we had on Friday, prices are now mostly sideways and in a range. The market was so bearish early Friday and then on a dime, it turned and went straight up and recovered the entire drop and then some. As I have said before, I do not believe they will allow this market to sell off before the election, and days like Friday really prove that point in my opinion. For now, the bias is sideways to slightly down, although the day could end up trending in either direction. Just follow the price action and let it show you where it plans to go. Respect the range highs and lows until they prove they are no longer in play.

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