Mack’s Mid-Morning ES Chart 02-18-2025

Prices are currently in a down trend, although they did fill the gap that was on the chart, so prices could try and rally again, although I do not see any clues that that is about to happen yet. For now, the trend and bias are down, and the spike and channel down I see is still in play. There appears to be some support around 6129.00, so prices need to push through that level soon if they are going to continue trending downward. Be careful getting short into that price level and let prices work on through and prove it is no longer holding before shorting anything close to that price level.