$ES #ES-mini #trading setup #Elliott Wave
We are getting a bounce up off the Green Box. I think the a-b-c move down was a wave -a- down that will be followed by a corrective bounce / consolidation in a micro wave -b- up.

ES-mini 120 min chart
A strong resistance will be 5,893.50, a 50% retracement of the latest move down in a subwave c down.
If we get an a-b-c up structure that stalls at 5,893.50 that would be a great short setup to ride another leg down in a wave -c- down targeting the lower green box.
AFTERNOON UPDATE posted at 3-54 PM EST

ES-mini 15 min chart
Bulls produced n overlapping textbook corrective three wave bounce. We can count it as a completed corrective wave -b- up.
Now bears have a decent short setup to ride a wave -c- down.

At the very least I would expect bears to fill the cyan gap up.