Prices opened higher at the 8:30 AM CST regular session opening but quickly turned lower in an attempt to fill the lower gap on the chart. Prices have filled that gap, and there was some attempt to bounce from that price level at 6848.00, but the bounce failed and prices are now trending lower again. I would call the bias and trend down for now, so stay with the downtrend until the chart shows us otherwise.

Mack’s 2000 Tick ES Chart for 12-17-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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