Prices rallied from the overnight opening and continued into the regular session this morning, leaving an overhead gap on the chart. Should prices attempt to turn down and fill that gap at any time today, that target would be down at 6263.25. There is overhead resistance around 6340.00, so prices need to work through that resistance if they are to go any higher today.

I would expect some mixed trading at times, but for now, the trend and bias are up, although that could change as the morning progresses. Stay flexible and stay with the uptrend until prices show us otherwise. Be careful getting long into the highs/resistance. Let prices prove they are going higher first.

Mack’s 2000 Tick ES Chart for 08-04-2025.
Mack’s Daily Chart with the envelope bands/Strategy.

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