Roll over is today, which also happens to be an historic US date today (9-11). Hopefully it will be a quiet day of remembrance, but traders can often be antsy on this date, so keep that in mind. Be sure to roll over to the new December contract.

I am only slightly better today than I was on Thursday, as this Covid has hit me hard this time. I’m leaving the office early today and heading to the clinic as I am just not able to function fully just yet. Depending on what they tell me at the clinic and how I am feeling afterwards, I may be taking a few more days off to get over my illness. How this week goes as far as mid-morning charts and afternoon chart lessons will depend on how I’m feeling, which is not very good this morning. I will keep everyone posted.

As for the chart today, prices rallied during the overnight session, but sold off just after the regular session opening. It looks like we will have some mixed trading regardless, but the trend appears to be turning back up again as I am typing. This might just end up as another range day in the end, but for now, the bias is still slightly up, although it could be changing to sideways and possibly even downward.

Just be flexible and expect mixed trading until the price action shows us something different.

Mack’s 2000 Tick ES Price Action Chart for 09-11-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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