Price Action Trading

Mack’s Mid-Morning ES Chart 11-06-2025

Mid-Morning Report Image
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Prices are trending lower this morning. We do have a break of the larger downtrend, and it appears prices are no attempting to retest the lows. Stay with the downtrend as long as it remains in play but note that there is a large overhead gap on the chart, and prices may attempt to fill that gap before the day is over. That target would be up at 6827.50. For now, the trend and bias are down, but that could be changing, so stay flexible and follow the price action.

ES 12 25 2000 Tick 2025 11 06 9 38 42 AM 1024x547
Mack’s 2000 Tick ES Chart for 11-06-2025.
2025 11 06 9 33 04 AM 1024x547
Mack’s Daily Chart with the Envelope Bands/Strategy.

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