Mack’s Mid-Morning ES Chart 08-27-2025

Prices are currently testing the highs on the daily chart (approximately 6500.00 price level), and there has been strong resistance at this price level for a while now, so we will have to wait and see if prices can push higher this time, or if the resistance will hold and turn prices down again. Respect that price level and be careful getting long into it, as you do not want to get caught at the highs being long should prices turn lower.

For now, the trend and bias are both up, but if the resistance around 6500.00 holds, we could see prices turn lower or work sideways for a bit as they attempt to build momentum in order to push higher. Expect mixed trading today, but follow the price action wherever it takes you, as that is the key to trading success.