Mack’s Mid-Morning ES Price Action Chart 12-13-2024

Prices are trending lower as I am typing this up. It appears that prices are attempting to fill the gap that was left due to the overnight rally. That target is down at 6058.75. If prices turn higher from there, we could see a range day or even a possible rally, but for now, I will call the bias down. Watch prices closely as they fill the gap, as what happens from there will determine the type of day we may see afterwards. I’m leaning towards a range type day, but we will not know for certain until the price action shows us.

Expect mixed trading and a possible range day but note that the range is large enough to have some nice trends within it. Stay focused and disciplined and wait on the chart to show you what it intends to do.