Channel Holds, Market RotatesE-mini S&P 500 FuturesCME_MINI:ES1!TradeHerFuturesPrice is still trading within a defined downward channel, with recent movement showing some short-term rotation. The overall structure hasn’t shifted, so for now this looks more like consolidation within the trend rather than a confirmed reversal. If price can hold and build higher lows, we could see a push toward the upper part of the channel. Otherwise, rotation within the range remains likely.