Prices are trending down as I am typing, but the overall feel is a range at the moment. I would expect some mixed trading no matter how things play out, but this is likely just to be a range day the way things look at the moment. Be flexible and open to anything at this point. For now, the trend and bias are down, but that will change back and forth if this is indeed a range day.

Mack’s Mid-Morning ES Price Action Chart for 10-19-2023.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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