Prices started out range bound but appear to be trying to push higher this morning. I would expect that prices will attempt to trade into the upper bands on the daily chart before turning down but always follow the price action and let it show you what it wants to do rather than guessing at what it might do.

If the current breakout is able to continue higher, look for a measured move based on the width of the range at this point in time. I would expect mixed trading at times no matter how the day plays out. For now, the bias is mixed to slightly up. We will see if that upward bias can continue or not.

Mack’s 2000 Tick ES Chart for 02-10-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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