MES Micro E-mini S&P 500 Index FuturesCME_MINI:MES1!SMASHHH96On the 6-month and 3-month charts we are still bullish overall. Looking at the monthly chart, price created a bullish order block followed immediately by a bullish FVG, which supports the long-term bullish bias IF they can hold. However, I do think we could see a pullback before continuing higher. Dropping down to the weekly, price made a strong move up but then wicked down aggressively, almost creating a failed 2-bar setup. On the daily chart, price closed with a solid bearish 2-bar to the downside. Right now, I am watching the daily closely for a breakout either to the upside or downside, but until then I am staying patient and not taking any trades. Once price reaches these levels, the plan is to wait for confirmation before assuming downside continuation. Ideally, I want to see price break the level, come back for a retest, and then show confirmation such as a CHOCH or a bearish FVG that can be used as an entry for the downside move. Another possible scenario is a sweep of last Friday’s high or low before price decides on direction. Once direction is confirmed, I will target previous pivots or use untouched previous session highs or lows as liquidity targets. Weekly Daily Monthly I really would like price to retrace back to the monthly FVG to get a retest and then back to all time highs eventually but we need to let price do its thing Psalm 37:7 “Be still before the LORD and wait patiently for him; do not fret when people succeed in their ways, when they carry out their wicked schemes.”