Mack’s Mid-Morning ES Price Action Chart 9-22-2023
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Prices have bounced off the lows but have been mostly sideways this morning. Prices currently have a mild upward bias, but we need to see prices successfully trend higher outside of the top of the range before considering that prices may trend further to the upside.
If prices can push higher, we might see a trend to the upside, but if not, might end up as a range type day. I would expect some mixed trading at times no matter the final outcome. Just trade wisely and be patient at the range extremes until is clear what prices are doing. Don’t get long too soon, and certainly don’t get long too late entering into the resistance areas.
For now, the bias is sideways to slightly up.
