ES where?

📉 ES1! - S&P 500 E-mini Futures (Daily)

We’re approaching a critical point on the long-term trendline.

🟠 Price has bounced sharply after a steep pullback, reacting right at the dynamic support that’s held since the 2022 lows.

🟢 Two possible scenarios:

Bullish Continuation: support holds, the index regains momentum and pushes back toward the highs.

Bearish Breakdown: trendline breaks, signaling a potential structural shift with downside targets possibly below 4000.

📊 Momentum indicator is in extreme territory → wait for confirmation, don’t anticipate.