Mack’s Mid-Morning ES Chart 07-18-2025

Prices were mostly sideways and rangebound during the overnight session and into the 8:30 AM CST regular session opening but have now turned lower. With the breakout of the tight range, a pullback to test the breakout resistance is not unexpected, even if prices will eventually go higher, a pullback on breakouts is usually going to occur, so we will have to see how prices react on this pullback.

For now, the trend and bias are down, but this could still end up as a range type day and mixed trading at times is likely. Follow the price action and let it show you where it wants to go. Do not force or manufacture trades, allow them to set up as expected and then and only then do you take a trade.