Maybe yesterday was a capitulation day, as prices are rallying strongly this morning. As we have seen lately, things can change on a dime, so do not get lulled to sleep and have the market turn on you. Obviously, you should stay with the trend as long as it remains in play, but do not get trapped entering at the highs and follow the price action wherever it may take you. For now, the trend and bias are both up.

Mack’s 2000 Tick ES Chart for 12-18-2025.
Mack’s Daily Chart with the Envelope Bands/Strategy.

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