Price Action Trading

Mack’s Mid-Morning ES Chart 08-18-2026

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After a strong dip in prices overnight, the chart has mostly gone sideways now in a tight range. There is a large overhead gap on the chart due to the overnight drop, so watch for prices to attempt to fill that gap at some point. That target would be up at 7765.50 should prices start trending higher.

For now, prices are mixed with a downward bias. That could change at any moment but respect the range and the downward bias until the chart shows us otherwise.

ES 09 26 2000 Tick 2026 08 18 9 32 58 AM 1024x547
Mack’s 2000 Tick ES Chart for 08-18-2026.
2026 08 18 9 33 21 AM 1024x560
Mack’s Daily Chart with the Envelope Bands/Strategy.

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