ES: Looks Having Completed a Bearish Wedge

$ES #ES-mini #trading setup

ES has completed another bearish wedge that looks very similar to the bearish wedge that was followed by a drop in March:

In the weekend update we reviewed two alternative bullish counts that take advantage of the average bullish seasonaity for April. This is the most probable bullish scenario:

Under that bullish scenario bears still push lower to tag the Green Box but in that case ES will make a higher low.

In conclusion:

both, the primary bearish and the alternative bullish scenarios allow bears to push lower.

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