Mack’s Mid-Morning ES Price Action Chart 06-08-2023

Prices are mixed again today so far but look to be trying to push higher as I am typing up this morning report. We will have to see if the resistance can hold or if prices can push through and go higher. Respect the resistance and let prices prove they can go higher before getting on board at the highs. Any breakouts will likely fail, even if only temporarily.

Prices may end up trending at some point, but for now, I would still call this mixed trading with the possibility of a range type day. Obviously, the range can and might expand, and prices may even start trending. Just do not get fooled and/or trapped taking risky entries. Be patient and be disciplined.

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