Mack’s Mid-Morning ES Chart 05-19-2026

Prices continue to correct this morning. This correction was overdue, so finally seeing it happen should not be a surprise. Timing it and waiting on it is the hard part. For now, the trend and bias are down. I see a break of the current down trend channel, but there is no measured move yet, nor any retest low in place yet, so trade carefully and double check your chart reads for accuracy.

If prices are to make a measured move down, that target is down around 7340.00, so there are lower targets if prices continue pushing lower. We will likely see mixed trading and even possible rallies before the day is over, so stay flexible and follow the price action.