$ES #ES-mini #trading setup #Elliott Wave
So far bears failed to break under a strong support 4,160. We discussed significance of that support in the previous update.
Ideally we need to get a bounce big enough to be comparable in time spent by the previous move down:
An a-b-c up bounce to the Red Box would set the stage for another strong and scary decline in a wave C of Y targeting 3,900.
Check this out:
#ES #long setup #Elliott Wave #complex correction #w-x-y correction Bears can push ES-mini down one more time to complete the
$E #ES-mini #Elliott Wave #trading setup as long as bears hodl ES under the micro resistance 5,498 the pressure should
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