Prices are trending lower this morning and the bias is down for now. There is a large gap down on the chart, and if prices attempt to fill that gap at some point today, that target would be up at 5326.50. For now, the bias and trend are both down and there is a clear down channel as well, so stay with that until the price action shows us otherwise.

Mack’s 2000 Tick ES Chart for 04-21-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.