S&P500 futures - ES - Elliottwave analysis - Bear case E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! cyclewave S&P500 futures - ES - It is in corrective mode, where C of flat correction seems in progress. The current down move is the part of 3rd wave, which should be really sharp down. Sell with stop level above 3635 as 2nd subwave of 3rd wave down for target zone near 3560-3540 as 3rd wave. Give thumbs up if you really like the trade idea.