Prices are mixed to slightly up this morning. There was a gap down on the opening last night, but prices have already rallied to fill that gap, so they could go in any direction now. As of now, there is a mild uptrend, but because it is mixed and not very steep, you can trade the channel in both directions. Should the trend accelerate, do not continue to try and counter trend trade though, so make sure that is clear.

Mack’s 2000 Tick ES Chart for 07-14-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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