Mack’s Mid-Morning ES Chart 02-26-2025

Prices started out sideways again this morning but found support just after the 8:30 AM CST regular session opening and have rallied since that point in time. Prices found support right off of the lower support line of the smaller channel on the daily chart, so it is possible a bottom has been put in, even if only a temporary one.

Prices appear to be in a mild uptrend as I am typing this up, so stay with that as long as it remains in play. Unless the trend strengthens at some point, you could actually trade this one both ways, as it is relatively flat and not that strong as I am writing this up.

For now, the trend and bias are both up, but only mildly for now. That could change at any time today, and mixed trading is likely, so stay focused on the price action and let it show you were it wants to go.