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Elliott Wave View: S&P 500 E-Mini Futures (ES) Looking to Pullback

Short Term Elliott Wave view in S&P 500 E-Mini Futures (ES) from October 2020 low is unfolding as an impulse Elliott Wave structure. In the 60 minutes chart below, we can see the rally to 4258.37 ended wave (3) of this impulse. Wave (4) is currently in progress to correct cycle from February 1, 2020 low before the rally resumes. Internal subdivision of wave (4) is unfolding as a zigzag Elliott Wave structure. Down from wave (3), wave ((i)) ended at 4228.25 and ...

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