Note that today is roll over day, but I have not rolled yet. I will roll later today or tomorrow as the volume is still about equal in both charts. You can trade either chart, but I like to remain with the current chart until the volume starts to slow a bit first. You generally want to trade the chart with the most volume.

Today is all up so far. I see a two-tiered spike and channel up, so stay with that trend until the chart shows us otherwise. There is no high volatility news events today, but there is enough going on locally in the US and in the middle east that some sudden news item could quickly effect the market, so make sure you always follow the rules and trade with tight stops, just as we teach, always placing them one tick above/below the signal bar after you enter a trade.

Mack’s 2000 Tick ES Chart for 06-16-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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