If that holds, the SPX 60 min & Daily could open in Phase 2. If the SPX can get to 1631/32 today the Weekly will confirm a Phase 2 (the projected high will be 1705.72), then the 60 min could pullback in a nice Phase 1 for a buying opportunity, once the SPX gets back up to 1687, I will then start looking for a Monthly Phase 1 correction, likely in Sep/Oct.
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