Mid-Morning Report Image

The volume has been low so far this morning. That is not uncommon after an extended holiday weekend but note too that because we are moving into the final months of summer break. The market often slows down through July and into early August as traders take vacation and spend time with their kids and families before school starts back in September.

So far this morning, prices are choppy but mildly up as all the same. Stay with the uptrend as long as it remains in play, but be careful of the mixed trading, as you could get chopped up easily in this type of a market if you are not on the money with your entry points. Wait for the best setups and be patient while also being disciplined in following our trading rules.

Mack’s 2000 Tick ES Chart for 07-06-2026.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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