SPX is working on the possible IH&S we talked about last week. The purple channel is not set in stone; so, equities will have some decisions to make very soon.
Likewise, though the right shoulder is low enough to be roughly symmetrical to the left (relative to the neckline), there’s a gap left open down around the white .618 (1844 on Apr 15) that suggests a more complex right shoulder could play out.
The Nikkei continues to drive the USDJPY, which continues to drive SPX/ES. And, unfortunately, NKD is a mess since it last bounced off the neckline of a large H&S Pattern. It will likely continue to consolidate in a narrowing triangle — which probaby means more chop.