Mack’s Mid-Morning ES Chart 01-06-2026

Prices continue to rally today. I see two separate channels working upwards so far. I still think the market will retest the former highs with a new high at a minimum. Things could turn and change before the day is over, as there is a gap on the chart. If prices start trending lower to fill the gap, that target is down at 6943.50. Stay with the uptrend as long as you can, but be prepared to follow the price action wherever it takes you.

Also, just a reminder that I will be out of town the rest of the week, so this will be the last mid-morning chart this week. I will be back on Monday with a regular schedule.

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