In conclusion, there's still nothing to get bearish about yet. If they want to make things complex, they could turn INDU's high into a b-wave high and run back at support again, maybe whipsawing below it to really throw everyone before rallying back up. But they don't need to do that and could just run higher from here. Either way, we'd still need to see sustained trade and closes before long-term support before getting particularly bearish.
INDU rallied up to its next resistance zone, as suggested last update:
Big picture, it's put some distance between it and long-term support:
COMPQ hurdled its near-term resistance and back-tested that line at the close:
And finally, SPX is back to its recent resistance zone for the eighty-third time:
In conclusion, no change from recent updates. Trade safe.
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