$ES #ES-mini #trading setup #Elliott Wave
ES-mini popped up strongly following strong earning reports posted by NVDA. We correctly predicted that rally 24 hours in advance.
The ultimate target for the wave -iii- up is located at 5,140 – 5,150. But there is strong probability that ES-mini will not hit the target in a direct way.
Below is the least expected and therefore the most brutal scenario we can call the Max Pain:

A push to 5,125 would complete an a-b-c up structure of a corrective wave b up inside a bullish Running Flat structure. That push should be followed by a sharp drop down to 5,030. Then we will get another push higher in a micro wave v up to 5,150.