Prices seem to be range bound so far this morning, and are currently trading right in the middle of the overnight highs and lows. A look at the daily chart shows prices trading back inside the small range and still working lower off the down sloping trend line. The overall bias is still down, but prices could continue to flip flop in both directions as the day continues if prices continue to trend up and down within the range.

Mack’s Mid Morning ES Price Action Chart for 1012-2021.
Mack’s Daily Chart with the Envelope Bands.

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Comments

Josue Diaz October 14, 2021 at

Hey Mack do you have a video explaining how to use envelope bands?

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    Mack October 18, 2021 at

    Everything is explained in the manual Josue.

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