Price Action Trading

Mack’s Mid-Morning ES Chart 04-21-2025

Mid-Morning Report Image

Prices are trending lower this morning and the bias is down for now. There is a large gap down on the chart, and if prices attempt to fill that gap at some point today, that target would be up at 5326.50. For now, the bias and trend are both down and there is a clear down channel as well, so stay with that until the price action shows us otherwise.

ES 06 25 2000 Tick 2025 04 21 9 36 37 AM 1024x547
Mack’s 2000 Tick ES Chart for 04-21-2025.
2025 04 21 9 31 54 AM 1024x546
Mack’s Daily Chart with the Envelope Bands/Strategy.

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