Since Globex is showing ES unfold a little differently from my post, let me give some updated ideas. This is not necessarily Bearish, but it could be. As is comment in my chart, with either scenario mentioned, if we open with a gap down this morning, I expect at least an attempt to close the gap. Then we are on our own, and trade the market. It could reverse and head down or it could go on to a new rally high. Good luck with your trading!
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