Mid-Morning Report Image

Prices are rallying again this morning, and it looks like they are attempting a second leg up at the moment. A measured move up would give us a target around the 7620.00 area. I would use that as a first possible target as long as prices keep trending higher. That does not mean prices cannot go even higher, that only means that could be a first likely target based on a measured leg up.

If prices cannot reach that target, look for a possible move back to test the lows of the day, and more mixed trading at a minimum. For now, the trend and bias are both up, so stay with that until the chart shows us otherwise.

Mack’s 2000 Tick ES Chart for 06-02-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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