And the (c) wave is still smaller in price points than the (a) wave, as below. In a "turn-around-Tuesday", after this morning's false break-out, there was an impulsive wave down.
|ES E-Mini S&P Futures - Hourly - Three Waves Up|
The impulse wave down clearly broke the lower channel boundary any way you draw it, and broke both of the prior wave four lows, with the Elliott Wave Oscillator heading into negative territory. If the count holds it would be possible to revisit the end of May lows. A re-test of the underside of the channel line would not be out of character.
Have a good start to the evening.