Mack’s Mid-Morning ES Price Action Chart 08-01-2024
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Prices are currently in a strong sell off, but it is still possible that this could end up as a range day. Prices were mostly sideways and rangebound until making a new high just after the regular session opening, but prices suddenly turned down sharply. As of this writing, prices are still in a downtrend, but that could change if the support down around 5560.00 can hold. As of this moment, prices are still trying to push lower, so what happens from here will likely dictate how the day will go. Another down day is not out of the question. For now, the trend and bias are still down.
