SPX 2972!! CAUTION

Price has tagged T1= 2950-2975(2972), IF IT GETS ABOVE 2972 THEN EXPECT EXTENSION TO 3075!!!, however for now it can be seen that it has completed 5 waves to the upside from 2724
therefore caution required and lower support 2940-2920 required to breach for lower prices ideal price target = 2830-2800 however support at 2880-2860 required to be breached for 2830-2800, 2765-2725 and much lower