Mack’s Mid-Morning ES Chart 10-13-2025

There was a huge sell off on Friday, but if we look at the daily chart, you can see that prices found support at the low of the long-term channel and the low of the envelope bands as well, so prices bounced exactly where our tools predicted they should turn up. It was just a bit odd doing it all in one day. We had not had much of a correction to speak of in a long time, so we were overdue for one.

Prices opened higher today and did trade up, but they have been mostly sideways and mixed so far today. I would call the bias mixed to slightly up for now, but that could change as the day progresses. There is a lot going on worldwide and locally within the US that could spook this market again at any time, but those same issues could be resolved positively as well, which could lead to a rally. For now, all we have to go on for sure is the chart and the price action, which is really all that matters in the end anyway.

Respect the range for now and be alert at all times, as the market can lull you to sleep at times and often this is just before some big event changes everything. Follow the price action and always trade with safety stops so that you are protected in case of a sudden move in the markets that goes against you.