We have a 5/9 TD (4+1, 8+1) low due early tomorrow and the same top due mid session from Dec 20. My best guess is we see a snapback to the downtrend line and 50% retrace of this 'y' of [a] wave from Jan 2 (5828 to 6021 SPX), that is around 5924/25 SPX within the first hour Tuesday.
The potential cause they blame it on is anyone's guess, but today at 1:00 EST is when Congress begins the certification of the states for Trump's election. It may be a long night ahead! Shenanigans from the deep state would not surprise me here!
I believe it to be a buy the dips type [b] wave, which should be a strong wave [c] of Y into day's end Wednesday. A topping process should occur into Friday with a hard 4/9 TD low from Tuesday this week into Tuesday next week.
Let's see what happens. As usual, do your own due diligence when trading.