Prices gapped higher during the overnight and traded up leaving a gap on the chart this morning. Prices may attempt to fill that gap at some point and appear to be working towards that goal as I am typing this up. That target is down at 5991.00. Right now, prices are mixed, but if they continue to push lower, 5991.00 should be your first target that prices would likely seek out. For now, prices are mixed to mildly down.
We will have a short week this week due to the Thanksgiving holiday here in the US. We will have regular days with mid-morning charts and afternoon YouTube lessons today and tomorrow and then I will take the rest of the week off starting on Wednesday and returning on Monday December 2, 2024.
Mack’s 2000 Tick ES Chart for 11-25-2024.
Mack’s Daily Chart with the Envelope Bands/Strategy.