OneClap2019

ES to complete (X) with impulse c of (X) as trade resumes.

CME_MINI:ES1!   S&P 500 E-mini Futures
We look to have one more high in this three wave corrective move, with charts pointing to a challenge of 4500 to end (X). AS a of (X) was a leading diagonal structure, c should continue on with the form of an impulse, with b of (X) marked by Friday's post-Powell low.

From there, (w) = (Y) symmetry in shape and time gives a challenge of the 4211 level in mid September. Looking for a continued orderly march lower as volatility remains suppressed and drops find buyers at key pivots and levels.

BULLISH to 4500, then BEARISH in three waves to 4211 decision point.
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