Mack’s Mid-Morning ES Chart 06-30-2025

While prices are mostly mixed as I am typing this up, they are within striking distance of all-time highs for this contract. That seemed like an impossible task a few months ago, but for now, the rally continues. Today feels more like a mixed trading day and there is a gap on the chart that prices may attempt to fill before the day is over. That target to fill the gap is down at 6220.75.

For now, things appear somewhat mixed, although there is a mild downward bias inside the trend for now. I see a two-tiered channel working lower, so respect that channel until the price action shows us otherwise.