Mack’s Mid-Morning ES Price Action Chart 10-07-2024

The trend and bias have been slightly up to sideways since the early morning hours of the overnight session. I would describe this a slightly up but mixed trading for now. That could easily change as the day progresses, but this looks much like a range day for now. There is an overhead gap on the chart as well, so that is most likely our near-term target, so keep that in mind. Sometimes prices cannot fill the gap, but they will usually try a few times at a minimum.

Stay flexible and be careful entering in tight congestion or tight ranges. Trade the rules as we teach them and be picky and you should be fine.