The E-mini S&P 500 futures (#ES_F) have exhibited bullish momentum over the past week, with key technical levels guiding trading activity. After breaking out above the 6415 resistance level on August 12, the market reached targets of 6469 and 6477, as forecasted in trading newsletters. Support was established around 6454 and 6461, with failed breakdowns prompting rapid sell-offs followed by recoveries. The market formed a new bull flag between 6469 and 6500, suggesting a potential breakout after a probable trap below this range. On August 15, the 6477 level was identified as a likely options expiration (OPEX) pin, with minor resistance near 6484. Subsequent targets included 6488, 6494, and 6503. Weekly and monthly charts indicate buyers remain in control, with the S&P 500 consolidating at a multi-year trendline and daily fair value gap support between 6407 and 6445. The broader market, including the Russell 2000 ($IWM) and Dow Jones Industrial Average ($DJI), is entering upside expansion phases, supporting expectations for the S&P 500 to continue ascending and potentially make new highs. Institutional investors have shown long positions, and weekly inflows and outflows reflect active trading. Overall, the market is in a phase of bullish consolidation at higher price levels following last week’s breakout from a multi-week balance area.