Updated Channel and Count E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! HedgehogLanding Correction went deeper than what my count was indicating so in typical Elliot fashion, you adjust. I do think we are still in an accumulation channel. Today's low almost reached the 0.618 fib of the first wave. I would not be surprised if that hits on overnight trading. Obviously this channel and count is all for not if the previous pivot low is breached. Until then, there is hope.