Price Action Trading

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

Mid-Morning Report Image

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.

ES 09 25 2000 Tick 2025 07 31 9 27 35 AM 1024x547
Mack’s 2000 Tick ES Chart for 07-31-2025.
2025 07 31 9 27 50 AM 1024x546
Mack’s Daily Chart with the Envelope Bands/Strategy.

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