$ES #ES-mini
Yesterday bulls got an early Christmas present from Santa, a very low CPI reading. That was a good trigger to start a rally we expected:

We can count the move up off the low made on Wed as some -a-b-c- up structure that can extend up to the weekly resistance 6,930.50, the next micro resistance. This is where a micro wave-i- up of a new five wave up rally can top.
The big picture looks bullish:

ES-mini 120 min chart
Bulls have a setup to produce a five wave up rally targeting 7,300+.