Prices look similar today as to yesterday thus far. Again, there are no real news items today that could really spark the market, so today is likely to be similar to yesterday’s trading. I do believe the path of least resistance is down, as we are overdue for a correction, but never try and pick tops. Wait on a confirmed trend before selling. For now, I would call the bias mixed and sideways, but that could change as the day progresses.

Mack’s 2000 Tick ES Chart for 11-12-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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