$ES #ES mini #morning update
Overnight bears completed a clean corrective micro wave -iv- down right at the Daily support 4,161 (that level was shared in the evening support).
Now as long as bulls hold ES over 4,161 they have a setup to start another leg up in the final subwave -c- of wav e-v- up targeting 4,190 – 4,195 with potential extension to 4,213.
This is how a bigger picture looks like:
I explained that scenario in my evening update.
Note how strong the 4,213 resistance is.
$ES #ES #Elliott Wave #trading setup Yesterday bears failed to break the Daily resistance 5,607. In an uptrending market a
$NQ #NQ #Elliott Wave I watch that short term bearish scenario: NQ-mini Daily chart In the bearish case, at the
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