June is now behind us, and we are starting another new month. Time just rolls along, and the summer will be over before you know it. Prices are mixed again today and appear to be in another range. Prices gapped down on the Regular session opening, but that gap has already been filled. Prices could trend at some point but are mixed for now. Prices are back in overbought territory, so a correction could come soon. Follow the price action and let it show you where it wants to go. Respect the overnight highs and lows until the price action proves those price levels are no longer holding prices within the range.
Mack’s 2000 Tick ES Chart for 07-01-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.