As opposed to the SPX chart in the ES I can see a third of a third. So, we only need a few fourth and fifth waves to complete this impulse.
I calculated a low for wave 3 at ES 1045ish and for wave 5 at 1020ish using the usual fibonacci relationships between the waves. Fifth waves are often a bit tricky to trade though, they can extend or truncate, so may be we won't get as low as 1020.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvd_9PT9T3ZnoY1UBtU6kgm7CgV6DPLO0StEzAY1oemvWZi2pv3DgmCB0srbr6LqMHHgDze19uXv2YCSJfQg_ce5_UXfxsPhAfeHz5kL8P_6-dcv_i2j3NfOLxlnFV1qBP2XENMMV80gc/s320/es05212010a.jpg)