$ES: Bulls Have 150+ pts to Push Higher

$ES #ES-mini #rally extension

In my previous update I correctly predicted a breakout and a rally to follow.

ES-mini has rallied 80 points since the Monday morning update.

Let’s update the chart:

ES-mini 30 min chart

There are two potential micro paths. The magenta path allows bulls to make another very strong leg yup targeting 7,122 off a bigger a-b-c- down structure. The magenta path allows bears to re-test the weekly resistance 6,988 from above to build a base for a very strong move up in a subwave -c- of wave -iii- up.

Under the blue path we are still in the blue wave -iii- up and the micro a-b-c down structure we got pre-market is all the pullback we can expect and bulls can immediately start pushing higher towards 7,090.

In conclusion. both paths allow bulls to keep pushing higher. The only difference is whether the pre-market a-b-c move down is all the corrective action or it was only a subwave a down and we will get b up and c down to 6,988 before another strong leg up starts.

Micro wise we got the textbook corrective action off the weekly R1 level:

Note the broken weekly resistance 6,988. That is the key support for now. As long as bulls hold ES-mini over 6,988 they will remain in control and will be able to push ES up to 7,200 in February 2026.

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