While prices are mildly up as I am typing this up, prices still appear to be in a range for now. Respect the range highs and lows until the price action shows they are no longer holding prices. We could see this turn out as a range day, but prices could also still trend in either direction, so stay flexible and follow the price action in the end.
Mack’s 2000 Tick ES Chart for 08-18-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.