ES has enough waves to consider it having topped
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Now let’s come back to ES-mini. What makes a top the TOP is a combination of two things, a completed micro structure and hit of important extension. ES has already hit an important 223.6% extension at 2,909. And it has completed a micro structure. However, ES is a wild beast and very often overshoots ideal targets. I put my target box starting from 2,920sh because we have that upper trend line and as long as ES holds its critical support at 2,885 it has all chances to extend higher. I went short at close on Friday and ready to add to my short if ES tags my Red Target box on Monday morning.