Mack’s Mid-Morning ES Chart 07-17-2025

The trend and bias are mostly up at the moment. Note that the current highs are right at the resistance of the tight range on the daily chart, so that price level will likely tell the tale if prices can work higher or not from there. Respect those highs until the price action proves that the resistance is no longer holding. If that holds, we could see prices turn down at some point today. I would expect mixed trading at times no matter how the day plays out, and it could end up as another range day. For now, the trend is up, just be careful getting long into the highs of the day, and avoid that trap.