Mack’s Mid-Morning ES Chart 01-23-2026

Prices are mixed and range bound so far this morning. Right now, the path of least resistance appears to be down, although that does not mean we are going to see prices go lower today. Prices could just chop sideways the remainder of the day or even push higher. I am leaning to the downside, but we do not go with what we think, we always trade what we see, and right now, I see mixed trading and a range, so stay with that until the chart shows us otherwise.