Prices opened lower this morning after trending down during the overnight session. It appears prices are pulling back on the daily chart to retest the midline of the Envelope Bands, which would be expected, even if prices are going higher eventually. There is a large overhead gap that prices may attempt to fill before the day is over, and that target would be up at 6873.25.
For now, the trend and bias are both mixed to down, but that could be changing. Expect mixed prices no matter how the day plays out, and prices could actually still trend in either direction before the day is over.
Mack’s 2000 Tick ES Chart for 11-13-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.