Price Action Trading

Mack’s Mid-Morning ES Chart 08-20-2025

Mid-Morning Report Image

Prices are trending lower again today, but I do now see a break of the trendline, so with a new low in place we could see a bounce at a minimum, or even a reversal. We will have to see how things play out, but no matter how things play out, the trend and bias are both down at the moment.

ES 09 25 2000 Tick 2025 08 20 9 23 21 AM 1024x547
Mack’s Mid-Morning ES Chart for 08-20-2025.
2025 08 20 9 23 35 AM 1024x547
Mack’s Daily Chart with the Envelope Bands/Strategy.

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