The trend and bias have been mixed since just after the regular session opening, but there is still a light bearish tone overall for now. I see a break of the two-tiered down trendline, and prices are attempting a new low on a retest now, so that could change things at some point. For now, the prices action is mixed to down, so stay with that until the chart shows us otherwise.

Mack’s 2000 Tick ES Price Action Chart for 10-18-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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