December 2022 contract sits at the Green Target box, a support that should stop this decline. It has a very attractive macro long setup to ride a five wave up rally in subwave (C) of wave ( 5 ) up that may stretch over 12.
$ES: Bouncing off the 5,000 Level as We Expected
$ES #ES-mini #trading setup #Elliott Wave ES-mini keeps working on a large corrective -a-b-c- up bounce as we expected: ES-mini Daily chart I count that slow climbing push higher as a subwave -a- of a