Prices have been trending lower since just after the 8:30 AM CST regular session opening. Prior to that prices were in a range but have now broken out and are moving lower. It appears that prices are attempting a measured move down. That target is down at 5793.75 should prices get there.
For now, I would call the bias down to mildly mixed, and this could just end up as another range day. This range would be large enough for trends, so you can trade the trends within the range if that turns out to be the case. Follow the price action and be disciplined and patient while following the rules.
Mack’s 2000 Tick ES Chart for 03-26-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.