Mack’s Mid-Morning ES Chart 07-31-2025

This looks like another possible range type day, but with one leg down already, if the range support does not hold on a retest, we could see a second leg down. It’s a bit difficult to know just yet, as so far this looks like a range day with mixed trading. Just treat it as a range until the price action shows us otherwise, as we could get movement in either direction before the day is over. For now, the bias is mixed to mildly down.