While we are getting some follow through selling this morning, so far it looks to be a range type day. My guess is that we will see a lot of mixed trading going into the 1 PM CST FOMC announcement. Make sure you are flat an hour prior to that announcement, as it could get a bit crazy today. For now, I am going to call this a mixed trading day, so until that changes, stay with the range.
Mack’s 2000 Tick ES Chart for 12-17-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.