Prices are mostly sideways again this morning. The bias is mildly up to sideways at the moment, but that could change back and forth, much like it has the last few trading days, so stay flexible and understand that the price action could be mixed with some strong moves in either direction before the day is over. If the longer-term trend is going to remain intact, up is the likely direction, but that trend could be coming to an end, so just stay flexible, follow the price action and always use safety stops as we teach them.
Mack’s 2000 Tick ES Chart for 10-16-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.