Mack’s Mid-Morning ES Chart 02-23-2026

Prices are trending lower as I am writing this up, but it will not surprise me if this turns out to be another mixed trading day with range like price action before the day is over. Prices have found some support, but we are not seeing any rejection of prices off of those lows, so prices may be going lower still. For the moment, I would call this mixed trading with a downward bias. Just understand that if this is to be a range type day, we could see some quick bounces and rallies mixed in today as well. For now, be careful getting long, as prices appear to be accepting the lower prices at the moment.