Mack’s Mid-Morning ES Price Action Chart 11-20-2024

There has been no follow through buying today and in fact, we are seeing just the opposite with prices selling off instead. At the moment, the trend and bias are both clearly down. We could be seeing a bottom forming, but that is not for certain at this point. For now, the trend and bias are down, but that could change before the day is over, so stay flexible and follow the price action wherever it takes you.