Mack’s Mid-Morning ES Chart 11-19-2025

Prices are rallying strongly this morning. After being severely oversold yesterday, a rally is welcome and not unexpected. It appears that prices are putting in a bottom for the moment, but we need a couple of up days in a row of this to get a good idea if the low is in for the moment or not. For now, the trend and bias are both up, so stay with that as long at the rally remains in place.

There is a lower gap on the chart this morning, so prices may attempt to fill that. That target is down at 6627.75, so keep that in mind as a possible target if the selling picks back up again today. For now, both the bias and trend are up.