The trend and bias are up at the moment, and the momentum seems to be accelerating as well. I’m estimating the upper side of the channel at this point, so that could change as well. For now, the trend and bias are up, so stay with the long side until something changes.

Mack’s 2000 Tick ES Price Action Chart for 10-16-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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