ES Daily Time Frame. Waiting for market to enter into buy zoneE-mini S&P 500 FuturesCME_MINI:ES1!JoshuaMartinezThe ES daily time frame is in a down trend. The market is making lower lows and lower highs. The market has a down Fibonacci with an extension price point 6320.50 which is below the market. The Monthly time frame shows long term the market is expected to push bullish. I am waiting for the daily time frame to break and close above the down trend line before looking for longer term long ideas towards the monthly up Fibonacci extension.