$ES #ES-mini #Elliott Wave #trading setup
In my weekend update posted on Sunday afternoon we correctly predicted that move down.
We have been tracking two different bearish scenarios. Both scenarios argues for ES to roll over and produce a corrective a-b-c move down. But those scenarios argue for a corrective pullback of different magnitude:
- The Bearish Scenario.

Under the Bearish scenario bears are expected to push ES-mini under 6,200 with gusto.
2. The Very Bullish Scenario
Under the Very Bullish wave count we also expected a corrective pullback though of much lower magnitude:

ES-mini 60 min chart
Under that bullish count all the bears can get a pretty shallow a-b-c consolidation that may find support at 6,206.
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