So far this looks like we could see another range day. Prices are trending higher off of the overnight lows as I am typing this up, and there is an overhead gap on the chart as well, and that target is very near the overnight highs. Prices could fill the gap and test the highs only to turn lower again, so a range day is a possibility. Prices remain oversold though, so a correction is overdue.

We won’t know how this day will play out until prices test the highs and fill the gap, or if they can even accomplish those goals, so for now just be flexible and expect mixed trading as the day moves along, but do not get caught off guard if prices suddenly trend strongly in either direction, as you could see more strong moves in both directions at times.

For the moment, prices are mixed to very mildly up.

Mack’s 2000 Tick ES Chart for 03-26-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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