$ES #ES-mini #corrective a-b-c up
Yesterday we correctly predicted extension of the decline down to the Green Demand zone”
ES-mini 240 min chart posted on Thursday, 26 Sep 2025
This is how bears pushed ES lower down into the Green Demand Zone:
ES-mini 240 min chart
I count the drop into the green demand zone as a wave (a) down that should be followed by a corrective bounce in a wave (b) up:
Let’s zoom in to a 15 min chart:
ES-mini 15 min chart
We normally expect a large -a- up, -b- down, -c- up corrective structure retracing a substantial part of the first -a-b-c- move down that finds support in a demand zone.
We can count this spiky move up as a subwave c of wave -a- up. I would expect bears to push ES-mini down in a wave -b- down to re-test the broken red trendline from above.
published at 11-26 AM
We are tracking a corrective -a- up, -b- down, -c- up move off the low made on Thursday:
NQ-mini 15 min chart
NQ-mini 15 min chart
Here bulls have a setup for a rally in a subwave -c- up targeting the Red Box.
Bulls have a similar setup in ES-mini:
ES-mini 5 min chart
ES-mini dropped down off the red supply zone as we expected in the pre-market update this morning (scroll above please).
Because the drop that followed did not have a three wave structure we can consider it as a wave -x- down to be followed by an a-b-c up push in a wave -y- up.