We had two perfect measured legs down so far this morning and prices are trying to bounce now. This could end up as a range type day, but if prices turn down again, we could see more selling. For now, the overall bias is still mildly downward, but note that could be changing, so follow the price action and go wherever it takes you.
Mack’s 2000 Tick ES Chart for 01-14-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.