- I expect bears to violate the June 2022 low made at 3,655.75 and hit the Green Target box
- If then bulls manage to push ES back over 3,655.75 they would trigger a macro “failed breakdown” long setup
- A pessimistic bullish scenario is that we would then get a corrective a-b-c up bounce that will hit the Red Supply zone.
$ES: Dropped As Expected: Bulls Can Attack 4,400 Resistance Next Week
$ES #es-mini #trading setup #ElliottWave This morning I correctly predicted a pullback off the morning highs. I shared two bearish paths. The red path argued that bulls would stop decline at 4,322 Under that path