$ES #ES-mni #trading futures #Elliott Wave
I expect ES-mini to play out a large (a)-(b_-(c) down pullback off the mid July 2024 top in a wave (iv) down.
Interestingly, the blue move up into the Red Box would complete a large bearish reversal Head and Shoulders scenario.
Most likely it is currently working in the wav e(b) up:
If the overnight rally was a micro wave i up then we can get a deep pullback in a micro wave ii down this morning. The invalidation level is 5,479.