Price Action Trading

Mack’s Mid-Morning ES Chart 07-22-2026

Mid-Morning Report Image
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Prices rallied early on and into the early morning regular trading session, but things have turned down now. This could just be a pullback in a bigger move for the day, but we will have to wait and see how this plays out. The volume appears to be down again today, but that could pick up as the day progresses. Expect mixed trading at times and be careful trading in the tight ranges and congestion areas.

30 minutes ago, I would have called this an upward bias, but for now I would say things are mixed and maybe even turning down now. Just follow the price action and go wherever it takes you. Any gaps today have already been filled, so no gap type targets for today.

ES 09 26 2000 Tick 2026 07 22 9 27 33 AM 1024x547
Mack’s 2000 Tick ES Chart for 07-22-2026.
2026 07 22 9 27 57 AM 1024x560
Mack’s Daily Chart with the Envelope Bands/Strategy.

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