ES, SPY, SPX bullish EW projection E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! c0de4 Wave 3 extended a near perfect 161.8% of Wave 1, we're now in Wave 4, which is typically a complex correction. After an initial ABC down, we're now in a wedge pattern, which can either be an ABCDE corrective triangle or a leading diagonal impulse. There are two scenarios: 1. ABCDE corrective triangle is near completion and should see a rejection around 3590, this should take us down to the 3495-3500 area, completing the correction. We should see a bounce here that will begin Wave 5, which should take us to 3700+. 2. Leading Diagonal impulse is less likely but possible, should also see a rejection around 3590, but bounce at 3535 and continue up to complete Wave 5. Leaning towards scenario 1 right now, I want to add to shorts once we see a rejection in this triangle pattern . Overall sentiment is still bullish and on a macro level I'm positioned long for new all-time-highs.