Mack’s Mid-Morning ES Chart 03-18-2025

The market is trending lower this morning, although I do see a convincing break of the trend line at this point. A retest of the lows is likely, but we could see prices rally after that. There is also a gap lower this morning, so prices may rally in an attempt to fill the gap on the chart. That target to the upside would be 5731.75 should prices start rallying.

For now, the trend and bias are both down, but that could be changing, and we could see a bounce before the day is over. Stay with the price action and let it show you what it plans to do.