Prices are trending lower so far this morning. They are still trading within the overnight highs and lows, but they also just filled the gap on the chart from a higher open this morning. Prices could find support and turn higher from here but let prices prove that out first. For now, I would call the bias mixed to mildly down, but if prices were only trending lower in an attempt to fill the opening gap, then a continued march higher is possible. A range day with some consolidation could be possible as well. Follow the price action and let it show you what it is going to do.

Mack’s 2000 Tick ES Chart for 10-02-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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