SPX 60 min Phase 1 confirmed and then a Phase 2 confirmed: The Phase 1 lasted 1 trading hour, the low was 1693.46, the current Phase 2 is now in it's 2nd trading hour, the average 60 min Phase 2 lasts 8.9 trading hours, the projected high is 1714.42, it is projected to be an extended Phase 2.