Today looks like more of the same. Prices rally and then reverse or else they sell off and then reverse and we just end up going sideways in the end. Eventually prices will find success in one direction or the other, but when that will happen is anyone’s guess. For now, prices are slightly down but overall look to be range bound. The bias can flip back and forth all day on days like this, so just follow the price action and let it show you what it wants to do.

We are starting a new month and the final month of 2023. The year really seemed to fly by for me at least anyway. The volume may start to slow even more as we move into the final two weeks of 2024, so be aware of that fact. I will take the last two weeks of the year off and enjoy that time and the holidays with my family.

Mack’s 2000 Tick ES Price Action Chart for 12-01-2023.
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Your email address will not be published.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Your email address will not be published.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.