While the trend and bias are up at the moment, this looks as if it could be a range day in the end. Prices could push higher, but until they prove that they can indeed continue to trend higher, respect the highs of the range. For now, I would treat this as a range with an upward bias, but that could change as the day progresses, particularly if the range continues to hold prices. Stay focused and follow the price action.

Mack’s 2000 Tick ES chart for 12-09-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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