SPX and INDU: Some Near-term Charts

Last update focused on the big picture -- and no change there (as has been the case for many months now) -- so let's look at some near-term charts today.  

Starting with SPX:

Next, it's at least worth being aware of the approaching trend line in INDU:

In conclusion, SPX and INDU are both near overhead resistance, so that's worth keeping an eye on for the near-term.  There's another market I'm watching very closely here that's in the ballpark of an inflection zone, but I'm not going to bring that up unless it become relevant.  We'll see how the market reacts here -- but long-term, there's still nothing to indicate bears have come out of hibernation yet.  Trade safe.