SPX daily , a wild guess to predict the future, and a try to wave-count.... I'm no expert, but one has to try once and a while.
Perhaps the "repo-injection" (FED), still works some more days, into early in february ?? Who knows when this don't work so good more ?
China-virus (SAR ?) is well known now, and will develop w more deaths every day, + perhaps air-traffic will get some hurt, + other restrictions... special in China - Asia around.
I belive spx will have to correct some soon... into that blue wave IV (4) down... we'll see. Wait for more confirmation....