The chart,above, and the one, below, show a 20 days time period and 15 min timeframe for $SPX and $ES_F, respectively, and we found important divergences between both charts:
1.- The $ES_F chart do not confirm the higher high from April 2.
2.- It appears as minor wave 3 (green) was reached first by $ES_F, on March 27 and after by $SPX, on April 2.
3.- In any case, what appears as an impulsive wave, in both charts, starting at April 2, seems to be waves 3 and 4 in the $SPX and waves 1 and 2 of 3 in the $ES_F.
4.- The corrective wave, beginning at April 10, in both charts, seems to be a wave 4 in the $SPX, respecting the third EW rule and a wave 2 in the $ES_F, because it can't be a wave 4, because hasn't respect the third EW rule.
$ES_F ($SPX Futures)