On April 7, the S&P 500 futures are expected to open with a substantial gap down, reflecting a bearish market sentiment. Following a notable decline of 200 handles the previous day, the market closed 6.56% below the Monthly Volume Weighted Average Price (VWAP) of 5461. Analysts have indicated that the futures are set to open around 4933, marking a correction of over 20% from recent highs. The market's trajectory is influenced by a bearish imbalance, with a recovery level identified at 4910 necessary to potentially reach 4979 and fill the opening gap. Traders are advised against attempting to bottom pick in this environment.