SPX and COMPQ Updates: There's No Such Thing as a "Distributor Pump"

Last update's subtitle ("Tires. Does Your Car Even Need Them?") generated some legitimate concerns among readers, who understandably asked:  "Well... DOES my car need tires?"  So I want to again note that these subtitles are from the bad box I got from Amazon (of "Car Repair Tip" subtitles) -- and remind everyone that nothing I write is intended as car repair advice.  Please consult your mechanic, your priest, and your estate manager before attempting any car repairs.

Market-wise, there's just nothing to say again, other than to watch the trendlines if we get there.  First up is SPX, with the red channel being first support.  If that breaks convincingly, then we might watch the thick dashed red trend line next:

Next up is COMPQ, where the dashed blue trendline is now first support:

In conclusion, still not much to add, which is either good news or bad news, depending on the condition of your tires.  Trade safe.