Prices are still pushing higher off of the trendline on the daily chart, so it looks as if the uptrend is not done just yet. Prices rallied very strongly early on this morning but have now found a flatter trend channel to the upside, so stick with that channel and the upward bias until the price action shows us something different. For now, the trend and bias are up. I would expect some mixed trading at times no matter how the day plays out, so trade wisely.

Mack’s 2000 Tick ES Chart for 06-27-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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