Price Action Trading

Mack’s Mid-Morning ES Chart 11-12-2025

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So far this morning, the trend and bias are both down and there is a clear two-tiered channel working lower. Stay with the trend until the price action shows us otherwise. There will probably be mixed trading at times, and prices could even end up trending higher before the day is over, so stay flexible and simply follow the price action wherever it may take you.

ES 12 25 2000 Tick 2025 11 12 9 32 01 AM 1024x547
Mack’s 2000 Tick ES Chart for 11-12-2025.
2025 11 12 9 32 19 AM 1024x546
Mack’s Daily Chart with the Envelope Bands/Strategy.

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