Prices were sideways overnight but trended lower soon after the regular session opening. Prices appear to have found some support for now, so we may end up having a range day or another rally. Expect mixed trading at times no matter how the day may play out. There is a mild upward bias as I am typing this up.

Mack’s 2000 Tick ES Chart for 07-22-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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