$ES: Following the Bearish Path

$ES #ES-mini #trading setup

This is how the bearish path looks like:

ES-mini 60 min chart

ES is slowly climbing up towards the red box that starts at 6,488.

So far it looks like the textbook a up, b down, c up corrective bounce that is setting up the stage for another leg down in teh final wave -c- down.

Let’s zoom-in to a 15 min chart:

ES-mini 15 min chart

ES has spiked through the weekly resistance 6,471.25.

It has tagged a meaningful resistance at 33.3% retracement of the last completed move down labelled as -a- down.

The 33.3% always becomes the first target for a corrective bounce, a low hanging fruit for bears.

Today is the final trading day of March. Tomorrow the market will start working on the Opening Range for a new trading month.

BONUS: IMPULSE MASTER INDICATOR.

I just want to show you how the market makes turns on different timeframes and how we can use technical indicators to timely spot those turns:

Below are signals printed by my Impulse Master Indicator for TradingView:

Yesterday afternoon we got a fresh green demand zone printed on a 240 min chart:

ES-mini 240 min chart

Then we got a fresh demand zone printed at 120 min chart:

ES-mini 120 min chart

And, finally, we got a micro Demand Zone printed at a 15 min chart:

ES-mini 15 min chart

The best turning points are normally confirmed by multiple demand zone signals generated on several timeframes.

More To Explore

$ES: The Rally Scratched the Top of the Red Box

$ES #ES-mini #topping Bulls pushed ES-mini all the way up to the upper edge of the Red Target box: ES-mini

CastAwayTrader May 8, 2026

$ES: Bulls Keep Pushing Up to the Red Box

$ES #es-mini #red box #topping As long as bulls hold ES over 7,079 even one more push down would not

CastAwayTrader April 30, 2026

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