$ES #ES-mini #trading setup
Ona Daily chart you can see that bulls keep pushing ESH24 (the March 2024 contract) towards the July 2023 high (4,736):
Let’s zoom-in to a 15 min chart:
I count the Tuesday rally as the final subwave c of a micro wave v of -c- of -i- up:
I continue to expect a large -a- down, -b- up, -c- down corrective structure of a wave -ii- down.
The target 1 for the first leg down is 4,620 – 4,615 (for the March 2024 contract).