Mack’s Mid-Morning ES Price Action Chart 07-09-2024
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Prices are range bound for now, although that could change as the day progresses. The overall bias long term is up, but the path of least resistance for now is down due to prices being at the upper end of the long-term channel on the daily chart. A correction of some type is due, but timing that can be difficult, so trade wisely and let the price action show you where it wants to go. If this remains a range day, look for consistent turns and the lows and highs of the range and enter smartly following the rules should a trade present itself. For now, the trend and bias is neutral and prices are mixed.
