Prices are mixed to mildly up this this morning. This has the look of another possible range day. A quick look at the daily chart and you can see that prices remain in the tight congested range that they have been in for the past nine or ten trading days.
Prices could break out and trend in either direction at some point, but as of now I will call this a mixed trading day with a mild upward bias as of this moment. If this is to be a trading range, the bias can flip back and forth as prices move within the range, so keep that in mind when I say mildly up for now.
Mack’s 2000 Tick ES Chart for 07-16-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.
Comments
Obiwanjacoby July 16, 2025 at
Hope your appointment went well and you got some answers yesterday!