Mack’s Mid-Morning ES Chart 11-07-2025

Prices are trending lower again this morning. The large overnight move has left another gap on the chart. If prices find support and turn higher in an attempt to fill that gap, that target would be way up at 6764.75. That seems unlikely at this point but never rule out the possibility. If prices do not rally before the day is over, prices are set to make their first close outside of the long term trendline since back in May of this year. A close outside that trendline would be our first clue that this rally may finally be coming to an end.

There is still a lot of time left in this trading day, so anything could happen. Expect mixed trading at times no matter how the day plays out. For now, the trend and bias are down, but that could be changing, so stay flexible and follow the price action.