The SPX Daily confirmed an extended P2 at the close, so the next Daily P1 is currently projected for Jan 6th. Tomorrow a 60 min P1 is due during the 5th trading hour, that could put the Daily back into an average P2, then Wednesday a 60 min low is projected, the current projected low is 1790.8, if reached, that will put the Daily below it's LTL, which then opens the possibility for a Daily P1 on Thursday, however, with a 60 min P2 projected for Wednesday afternoon, the Daily P2 will likely continue. The Weekly extended P2 is now in it's 14th week, the average Weekly extended P2 lasts 18.79 weeks, so the next Weekly P1 is currently projected for the week of Jan 24th, with a Weekly low projected for the week of Feb 14th, then March a possibility for a Monthly P1, with a Monthly low projected for Jun.
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