Mack’s Mid-Morning ES Price Action Chart 09-27-2024
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Prices are mostly rangebound, although there has been a slight upward bias since the early morning hours of the overnight session. I would treat this as a range until the price action shows us a larger trend that continues outside of the range. Prices are pushing higher into the overbought range of the Envelope bands, but that does not mean prices will necessarily turn lower yet. Just understand that prices are becoming overbought, and a correction could be coming at some point. More sideways action is likely, but anything is possible, so stay flexible.
If you are using our Alternative News Guard indicator and having issues, I am aware and experiencing the same problems with it not loading. I have not found a solution for this issue yet but will continue to look at it and try and find one. In the interim, I have found that if you simply let your charts run for a few minutes, then right click on the chart and the click on “Reload Ninjascript,” that will usually load the news up for you.
If you are in Florida or the Southeast USA, stay safe and try and stay dry. I understand this was a devastating Hurricane and that Tampa and Ft. Myers are incurring some serious flooding and millions are without power. Prayers go out to those folks, as I used to live in Tampa, so I have lots of friends and former co-workers in that area. We are already getting some heavy rain from the hurricane where I am as well, but it looks like FL, GA, TN and the Carolinas may take the brunt of it. Stay safe if you are in the path of this thing. So far, it looks as if it will go East and North of my location, although we will experience a lot of rain from it regardless.
