S&P 500 CFD (8H) / Elliott Wave Update

We are inside the first gap of the March dump which coincide with the typical retracement for the B of a flat.
This is starting to be really tricky and less readable as we enter into the slowest month of the year.
It is not excluded that we are in some compression stage before moving higher, as suggested by the Nikkei.
Volume is low, as usual during the Summer while the golden boys are at the beach.