ES-5-10-19-3-15-pm-dripping

That is a report posted for my subscribers at 3:15 PM on Friday. At that moment ES traded at 2,877.25. This morning it is traded at 2,830. I warned my subscribers that the rally was corrective and it was a good time to drop longs. And I shared my expectations for another decline.

ES entering resistance zone

ES has played another a up (rally yesterday), followed by b down (drop in the morning) followed by wave c up (the current rally).
As you can see on the chart attached that a-b-c is entering a supply zone.

If you watched my video yesterday you may know I consider that a-b-c as a wave X up, a corrective rally before another decline. Therefore, I would be cutting longs in that red zone.

ES 3000 ticks updated at 3:10 PM on 5/10/2019

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