SPY/SP 500 Monday 4-6-20 S&P 500 E-MINI FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! the_sunship Stopped out at 2565 last night, because that should have been the high of my supposed 2 wave. After last nights price action, a 5 wave impulse down is most likely wrong so I had to rethink it. This correction appears to be a WXY - and X may want to get to about 2610 before reversal. That may happen this morning. Afterwards, we should start pulling back to the blue or red trendlines within a few days. Then we can have a larger wave up after that. I don't think we just go on making higher highs from 2600, but it's possible. Also, at this point I'm not expecting to test the bottom anytime soon. It's been a difficult correction to map, but if we fail today above 2600 it should be clearer the WXY is playing out. Good Luck in your trades!