Prices look to be range bound so far today. There are no news items of note today, so nothing to really jolt the market other than election news maybe. I would expect things to stay flat to maybe up mildly going into tomorrow’s election here in the US. What happens after the election is anyone’s guess. There have been several hints that a close election may not give us a winner for at least a week, and that could create some real fireworks. For now, things are somewhat quiet, and I would expect a range type day, but be flexible, as anything is possible in these markets.

Mack’s Mid-Morning ES Chart for 11-04-2024.
Mack’s Daily Chart with the Envelope Bands/strategy.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.