Mack’s Mid-Morning ES Price Action Chart 08-30-2023
- Home / Non Member Articles (Free) / Mack’s Mid-Morning ES Price Action Chart 08-30-2023
Prices broke higher and trended strongly up to a measured move, only to suddenly sell off just as strongly. It looks like we might have had an overshoot on the blue channel and that lead to a sudden reversal that is exceptionally strong to the downside now. I would expect more mixed trading, but we might see prices settle into a trend in one direction or the other before it is over. For now, I would say the trend and bias are down with a strong possibility of mixed trading in both directions still to come.
