I'm using the Technicolor Cinestyle profile in my Canon T3i when shooting video. It is recommended to apply an S-curve correction to clips in post-processing. Is that possible in Premiere Elements v11? I didn't see that anywhere in the manual or online.
Premiere Elements is a consumer product with limited color profile tools. You can do color correction, but it is not nearly advanced enought to do any professional profiling. For that, you're much better off with Premiere Pro CS6.