Bear TREND on TREND Chart, But...

The ES was ravaged last night by a range of about 22 1/2 points, to the down side. This inevitably caused Leg 3 of Bull Break, on the TREND Chart. We are officially in a Bear TREND (TREND Chart Basis).However, what's interesting to note is that towards the close of the session, PRICE consolidated between PRIMEs at 1550.50 (Resistance) and 1540.50 (Support) & if PRICE is able to trade above