SPX, INDU, COMPQ: Tipping Point on Deck

So the market remains poised on the edge of a balance beam, and bulls can't give away too much more here without the whole thing falling over.

I've moved the inflection box down slightly to better reflect the current reality... but there's going to come a point -- and we may have finally reached that point -- where if it goes much lower, it's just going to run.

INDU is below its support zones at the moment:

COMPQ is above its IT zones -- for now:

Finally, the SPX expanded flat chart illustration:

In conclusion, I think bulls are finally on thin ice.  Prior to recently, I haven't been too concerned with minor new lows... but I suspect we've finally reached the point -- after months of waiting -- where if the market tips too much further and sustains a breakdown, sellers will take over.  Again, SPX might still tolerate one more short whipsaw of the most recent low -- but I don't think it will tolerate much more than that.  Trade safe.