Mack’s Mid-Morning ES Chart 05-20-2025

The volume and volatility are low so far this morning. Prices are stuck in a tight range, so I would call this mixed trading for the moment. Prices traded down into this range, but that left a gap on the chart up around 5980.50, so prices may attempt to fill that gap at a minimum today. Should prices start trending higher, that would be my first target followed by the overnight highs as the next target. Expect mixed trading, but things could also trend in either direction before the day is over, so follow the price action.