5 waves up and time for retracement

ES made 5 waves into 1282.75 high off the morning low of 1274.75. Then market made a .618 retracement as expected. Charts are mixed right now... so we will probably be stuck in this range for a while. Once the .618 target is hit, we can look to see if mkt goes back to the previous .382 fib level at 1279.50 to 1279.75 area.

The 60min charts shows that 1274.75 low should hold. IF we retrace down to the lows, THEN I should be looking for a buy pattern to enter longs. Let's see if this works or not ... as with all trades, success or failure is based on probability, NOT certainty. The market can do anything at anytime.