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This price action is key. Will price break resistance and hold to start a new bull continuation or will price bounce off resistance to resume the downward move ?. Only time and price action will tell, stay tuned.

Price weakening, waiting for more price action.

Now look at this MACD price divergence and the change in price velocity (slowing move upward) in the 4 hours chart. I know more price action is needed but could this be a sign for a downward continuation during the next days?. What do you think ?.

Thanks again for this important observation. Please note that, for my swing trading perspective (my trading time frame) "long term trend" is based on what the daily chart says during the last days price action, timing entries and exits using the 4 hour chart. Maybe "long term trend" is not the...

Now, let´s see how price action behaves at this level. Long term trend in the day chart is still downward. Interesting....

It is fine, that is your opinion. It is also respected and welcome.

What a move up! Amazing !!!

Now approaching EMA 30 price level at 1 day chart and RESISTANCE zone. These price levels are key, let´s wait to see how price action behaves.

Bulls in control by the moment. Beware: Long term trend is still downward.

These are just my ideas that I wanted to share with you.

More bigger picture. Weekly chart....

Now this is the big picture. Question: Could ES be turning back up ?. Is it too soon to tell ?. I like this detective work.

Bulls taking control at the close...

The battle is still on, I am looking at a small divergence forming at the top, it is too soon to tell but it looks like by the numbers. Price action needs to weaken more to ignite a move downward.

WHAT A FIERCE BATTLE, who will win ?

Price action in the works ....

Price action forming structure near resistance, we need more time.

Price did not fall below 2625, it went up instead. This could be a good opportunity to go short at a better price inside this downtrend. Still waiting in the sidelines for a new signal.