ES one hour cloud and Daily candle

• ES One hour chart shows the bounce But price is still below the cloud. As long as price stay below the cloud Bears will be safe to resume correction.
• Daily candle is showing the Long bullish shadow. But will it end like this or a bearish candle by the time day closes.

ES Chart analysis after closing bell

• Bear flag in 4 hour chart continues to bleed.
• Daily time frame chart shows price falling towards 200 SMA
• With this momentum price is likely to test 200 SMA before a major bounce could happen.