SPX and COMPQ: A Fair Number of Marbles

Interesting times.  Not a ton to add since last update, but SPX has made some progress, clearing the falling black trendline.  Red remains its next hurdle:

COMPQ is back-testing its intermediate and long-term trend lines:

In conclusion, there are a fair number of market marbles riding on these tests.  If SPX and COMPQ can sustain breakouts back over resistance, there's a good chance the decline is over.  If they're rejected at these back-tests, then the market would be signaling that bears are, at least for the moment, waking up.  Trade safe.