SPX, COMPQ, INDU: And a New Chart

Since last update, SPX stalled at channel resistance and has ground its way lower.  Let's get right to the charts; there's a new one to cover.

First up, COMPQ is still holding up, above support:

Here's the new chart, which discusses both the bull and bear cases:

INDU was rejected on its first test of resistance.  Because it's now back to support (the old low), it does have a window where it could decide to bounce again if it wants:

Finally, SPX.  I've added an "extended C" target because the possible bear nest has to be taken seriously for now, and if this is a bear nest, the standard C target may not allow enough space for it to unwind:

That's all the news that's fit to print.  Trade safe.