$ES #ES-mini #macro #rally top #bearish reversal
I have a clean micro wave count that argues that the rally off the October 2022 low is completed:

ES-mini 240 min chart
When a five wave up rally gets completed we expect a large A-B-C down pullback that is supposed to re-test the low made by the previous large pullback made by the wave (iv) down (bottomed around 5,200 in Aug’24).
I can outline three micro targets:

ES-mini 20 min chart
Note the micro target 3 is only a MACRO TARGET 1:

ES-mini 240 min chart
Each of those levels not only targets but strong support levels. Most likely break of each of those levels will be followed by a strong deceptive bullish bounce.