Daily analysis and reaction locations [2026.06.22]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusFrom the current structural view, the swing pullback target has not yet been reached and may not be reached at all. Looking at the current uptrend and its volume, there's a concentration sitting at the top, which supports the mid-term direction shifting to the downside. While this could be an early indication that the swing pullback is already complete and downside continuation is likely, the structure still needs to confirm this. As long as the sub low remains unbroken, the short-term direction stays up toward the swing pullback target. For intraday positions, the internal structure — the range between the sub high and sub low — remains my working reference. While I expect price to eventually work its way down toward the swing low, I'd like to see the internal low break. That would weaken the sub-structure and provide the first real confirmation of the downside. Open the chart or zoom out on the preview to see all zones. Trade Idea 1 — Intraday: I'll be looking for positions down toward the demand zone. Risk reference is the internal high, with the Thursday high also serving as a secondary reference point. Trade Idea 2 — Swing: If price is able to push higher into the swing pullback target, I'll be interested in a swing position down toward the swing low, with the swing high as the risk reference. The downside bias is invalidated once the swing high breaks — this would shift the entire picture and require building a new structural map from there. Shared for educational purposes only — not financial advice.