Price Action Trading

Mack’s Mid-Morning ES Chart 02-20-2026

Mid-Morning Report Image
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The market has been a bit wild already this morning. Nothing exciting transpired with the release of the high volatility news, but the New Home Sales (medium volatility) sent the market straight up, only to see if correct back just as quickly. At this point, I would call this a mixed trading and a range day so far. That could change as the day progresses but respect the range highs and lows until prices prove those support and resistance areas are no longer in play.

ES 03 26 2000 Tick 2026 02 20 9 21 33 AM 1024x547
Mack’s 2000 Tick ES Chart for 02-20-2026.
2026 02 20 9 21 47 AM 1024x546
Mack’s Daily Chart with the Envelope Bands/Strategy.

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