While prices are in a mild uptrend at the moment, this still looks and feels like a range type day again. For now, I would call this a range with an upward bias. That bias could change multiple times during the day if this remains a range day. Respect the overnight highs and lows until the price action shows us those price levels are no longer holding. If prices are trending within the range or out of the range, stay with the trend until the chart says otherwise.

Mack’s 2000 Tick ES Chart for 06-17-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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