Mack’s Mid-Morning ES Chart 07-29-2025

Looks to be another range day so far. Again, some consolidation in a strong bull market is not unusual, particularly after prices get into overbought territory. Not enough buyers at the highs, but no sellers either. Usually after some sideways consolidation, another move up comes along. I’m not saying that is what is going to happen, but it is typical, so likely.

For now, trading is mixed and in a tight range, so trade appropriately.