Mack’s Mid-Morning ES Chart 12-16-2025

Prices continue to trend lower this morning, although they are finding at least momentary support at the overnight lows. We will need to wait and see if those lows create a low for the day, or if price will work through that price level and continue lower. For now, the trend and bias are both down but watch the overnight lows around 6833.00 to see if we find support for the day. This could end up as a large range day, although prices could still trend in either direction as well. Watch the price action closely and see where it decides to take us. For now, this appears to be a range type day, although the bias is mostly down at the moment.