Prices are rallying this morning, although I do see a break of the upward trendline. There could be a flatter upsloping channel setting up, but as of now, I do not see one that looks legitimate, so just note that we could see a different pattern or even a reversal after a new high is in place. Once a new high is made, give the price action time to show you what it plans to do from there.
Mack’s 2000 Tick ES Chart for 10-20-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.