Mack’s Mid-Morning ES Chart 07-25-2025

Prices are in a really tight range this morning with very little movement. Just back and forth in a tight six-point range is all prices have mustered up this morning. Prices are overbought at the moment to some degree, but markets can remain overbought longer than most would expect, so until prices start trending lower, do not underestimate the ability of this market to go higher. Some more consolidation today is not out of the question, so expect some mixed trading no matter how the day plays out in the end.

For now, I would call this a range and mixed trading, but things could change at any time, so stay focused and follow the price action.