Mack’s Mid-Morning ES Chart 03-27-2026

The downtrend continues this morning. Prices are once again severely oversold and appear headed to test the next support level on the daily chart that I spoke about yesterday, and that price level is down around 6400.00 – 6425.00 level. I would be surprised if we do not test that support at this point, just be careful getting short into the very lows, because we are overdue for a bounce soon, and you do not want to get caught short at the very lows when that move occurs.

This does not mean the support will even hold at this point, but just we aware of it and be aware of the fact that we are overdue for a correction, and they can often be super explosive rallies in a bear market like this one. For now, the trend and bias are down and mixed at times, so trade accordingly.