Prices look similar to yesterday so far, but there is a mild bullish slant to the market for the moment, so we will have to wait to see if prices are going to break out higher this morning maybe. Prices are at the highs of the day’s range, so that could also mean that prices are about to turn lower again, even if only long enough to trend to the other side of the range.

For now, prices look mixed, and this appears to be a range day. Just do not get locked into that as things could change as the day progresses. Stay flexible and follow the price action where it takes you.

Mack’s 2000 Tick ES Chart for 08-19-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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