Prices appear to be range bound again today. As I am typing, prices are mildly working lower. It appears prices will attempt to fill the lower gap at a minimum, and that target is down at 6036.00. How prices move from there will give us a better idea of how this day might go. As of now, I would expect mixed trading and another possible range day but let the price action prove that out. For now, the bias is slightly down to mixed.
Mack’s 2000 Tick ES Chart for 06-20-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.