We need a follow through delcine to confirm the Jan 4 Highs.
The intraday 5 min SPX Time CIT 01/05/20: 10.45, 11.25, 11.50, 1.45, 3.05 pm Eastern
The intraday cycle sees a 1st hour High, midday High and last hour High
Intraday Cycle are the Pink lines: (9.40L), 10.00H, 11.00L, 12.30H, 2.30L, 3.50H
Actual: 9.30L, 10.05H, 11.15L
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