Mack’s Mid-Morning ES Chart 09-18-2025

While prices have backed off of their highs, they are making new contract highs again this morning. As suspected, the bounce off of the mid-line on the daily chart has sent prices higher this morning. This could still end up as a range type day in the end, and we will probably get more mixed trading at times, but for now, the trend and bias are up, so stay with that until the price action shows us otherwise.

I have a larger two-tiered channel working up at the moment, but it has not yet been confirmed. It looks valid, so watch it closely, but understand it is not yet confirmed with a third touch of the trendline.