So far this morning there is mostly mixed trading. Prices started out in a tight range, but pushed lower and higher for brief moments, only to see prices now back inside that tight range. There is currently a slight downward bias, but that bias could swing back and forth if the range holds. I would expect more mixed trading for now, although prices might settle into a trend at some point, and that could go either way to be honest. Be flexible and nimble and ready to switch gears at any point in time and stay with the range as long as it is in play.

Mack’s 2000 Tick ES Price Action Chart 09-13-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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