Analyzing ES mini futures rising wedge pattern, discussing potential gap fill and macro outlook.

Let's go to the ES mini futures. We've got the same pattern on the ES mini futures here. It is looking a little ominous, but again, I'm not much of an S&P 500 trader. Not on the macro. I've day traded it many a time. But we are forming a rising wedge, which could give us a back test of the value area high. Maybe. Let's see how much of a drop would that be from here. About a 4% drop if we fill this gap on the weekly. Not the not it's not a gap on the chart, but it's like a fair value gap. We could potentially be coming down to Man, I don't even want to think about it, but it is very interesting. Of course, this thing could just break up as well. Who knows? But it is an interesting vibe. We all know that the CPI data is bullish for the dollar. The dollar is inversely correlated to crypto and risk assets like the S&P 500.