$ES #ES-mini #Elliott Wave #trading setup
To complete the corrective (a) up, (b) down, (c) up structure off the low made at the beginning of Apr’25 bulls need to push ES over 5,528. Ideally they should push ES-mini higher into the Red Target box.

ES-mini 120 min chart
The only micro wave count I can see assumes wave -c- of ( y) is shaped as w-x-y structure. In that case bulls should be able to make two more legs up in a of y and then in c of y up
Invalidation level for that scenario is 5,355.
If bears manage to fill the Wednesday morning gap (drop to 5,332 is needed for that) that would look like a very very bad sign for bulls.