#ES #corrective pullback
Yesterday morning we correctly called a temporary bottom and forecasted a corrective bounce:

ES-mini 15 min chart
The strong a-b-c up move almost tagged my Red Box and then rolled over. In my previous update I noted The key resistance for today is the broken blue Daily support 6,849.50.
The rally stopped at that level of resistance.
The primary bearish wave count shown above allows bears to drive ES down to the Green Box.
This move down is testing the newly formed Monthly Support for November 6,748.50:

Bulls can produce a bounce up off that Monthly Support. The key resistance for the bounce will be 6,800. I we get that bounce and it fails to break over 6,800 that would be a very attractive short setup for a drop down to 6,650 with potential extension down to 6,600.