es 1-11 update~ E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Eloquent hello, quick update looks like es is forming yet again another corrective structure - good chance we see another flush in the days ahead to around 4500. potentially we're forming an abcde for this larger wave 4, which would indicate another month of chop ahead of us. watch the 0.618~0.65 algo target for rejection before heading down to 4510~4500.