Most anything worth adding has been noted on the charts, so let's get right to them. We'll start with INDU, which has stalled and declined while SPX has moved sideways-up:
In the wider view, INDU is in a large compression pattern stretching back to July:
And still below its key level (the all time high) on the big picture:
SPX has formed a wedge-like pattern recently:
In conclusion, we're still stalled in no-man's land, but bulls do need to get INDU back on track so it doesn't keep threatening to drag SPX down over the near-term. Trade safe.
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