$ES #ES-mini #trading setup
We have been considering this path as our primary one:

ES-mini 120 min chart
It is possible that the wave -b- up topped yesterday at 5,586 resistance.

ES-mini 120 min chart
Bears need to break back under 5,497.75 support to confirm that bearish scenario.
Break under the micro 5,497.75 support opens the door for a drop down to the 50% retracement of that whole wave -b- up = 5,364.50.
NQ-mini analysis:

NQ-mini 120 min chart
NQ hit the Red Box and turned down.
It is testing the first micro support 19,256.
Break under that support would open the door for a decline down to the 50% retracement of the last completed push up = 18,687.