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A complete wave then in the correction wave

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S&P Index Cash CFD (USD) (VANTAGE:SP500)  
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VANTAGE:SP500   S&P Index Cash CFD (USD)
Elliott Wave Parallel Channel Fibonacci S&P 500 (SPX500) dowjones downtrend signsfree trieutv elliotwaveanalysis fibonaccianalysis nyse Stocks
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elliottwaves parallelchannel fibonacci spx500 dowjones downtrend signsfree trieutv elliotwaveanalysis fibonaccianalysis nyse stocks
On 4H TF

SP500 has complete the first higher impulse wave at 3637.46 and

Right now, it's in the correction wave and might be in range 4030 - 4070, perhaps.

Besides, it's an invalidation level above 4230.

Trading in lower timeframes

What next, wait and see
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