Mack’s Mid-Morning ES Price Action Chart 10-03-2024
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Prices are mixed and rangebound so far this morning. After opening lower with an overhead gap, prices quickly filled that gap and have now turned lower. We could see prices bounce at the support and continue the day as a range, but if prices push lower, we could see more selling. At the moment I would call the bias down, but that could change back and forth if this is to be a range day. Stick with the downtrend for now and respect the range lows until the price action shows us otherwise.
