Mack’s Mid-Morning ES Price Action Chart 10-10-2023

Prices broke out of a tight overnight range and are trending higher as I am typing. Prices also blew right through the EMA on the daily chart with zero resistance, so things look rather strong at the moment. There has been no retest of the breakout area yet, and no retest of the EMA on the daily chart either, so things could come to a sputter and correct at some point, so stay focused and do not get caught off guard if prices start to correct.

For now, the trend and bias are up and up rather strongly, so stay with the trend until something changes.