Prices are mostly sideways this morning and are likely to stay range bound until after the rate announcement at 1 PM CST today. Be sure you are flat before 1 PM CST and do not take any new trades after 12 Noon CST today. You want to be flat going into the 1 PM announcement, so be sure of that.

For now, prices are range bound and mostly mixed, which is common for an FOMC day. That doesn’t mean prices cannot or will not break out and trend at any time but just know that it is not uncommon for prices to remain mixed with little movement going into this type of announcement.

Keep in mind too that Monday is rollover, so we will roll to the March 2026 contract on Monday.

Mack’s 2000 Tick ES Chart for 12-10-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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