SPX has been stuck in neutral since Monday's update, so just a new melt up trendline and not much new to say about it:
In conclusion, COMPQ now needs to decide if the July low was a b-wave that needs to be cleaned up or not. At this point -- due to the larger pattern -- if it does decline to that zone, it would most likely just be a scary correction and probably not the end of the bull market. Trade safe.


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