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ES - decline looks corrective

ES decided not to take a direct path to 3,000 as I expected. Instead it started a corrective wave iv down. On 45 min chart you may see that it came back down to retest from above a meaningful resistance at 2,959.50 at the top of wave i up.

Looking at a micro micro 5 min chart below we should count micro wave iii up completed on Friday and this decline as a corrective wave iv down.
That corrective wave iv down has an a-b-c structure.
This bullish count will be valid as long as ES holds over 2,941.75
The subwave c of wave iv down has to be structured as five micro waves lower. Now it looks like it may need one more push lower in the final micro wave -v- down that would complete subwave c of wave iv down
If that push to a lower low holds over 2,941.75 we should get another rally in wave v up to 3,000.

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