Another trading day and more mixed trading. Prices may break in one direction or the other before the day is over, but for now, prices are still working sideways and range like. Watch for quick turns and reversals that can catch you off guard if you aren’t reading the chart properly. I would treat this as a range until prices show us otherwise.

Mack’s 2000 Tick ES Price Action Chart 06-06-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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