Mid-Morning Report Image

Prices are up this morning, but mostly sideways at the same time, so I would call this a range for now. That could change as the day progresses but respect the range lows and highs until prices prove they will continue on through those price levels. Just remember, most breakouts will fail, even if only momentarily before moving on higher or lower.

Note that there is a lower gap on the chart that prices may attempt to fill. So far, the strong support around 7530.00 has prevented prices from pushing lower to fill that gap. That target would be down at 7515.50 should prices attempt to fill it. The gap from yesterday was filled this morning, so prices could turn lower now in an attempt to fill today’s gap.

For now, I will call this a range. Just understand that this could change as the day moves along, so follow the price action and go where it takes you.

Mack’s 2000 Tick ES Chart for 07-09-2026
Mack’s Daily Chart with the Envelope Bands/Strategy.

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