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Wednesday, September 23, 2026

SPX and COMPQ: COMPQ Confirms Read from August 26

COMPQ finally confirmed the micro b-wave high (from August 26) and WXY count from September 9.  I would like it noted in the Official Record that on August 26, our house was running on a portable generator and my mobile hotspot wasn't working right... so while it was not the hardest call I've ever published, it was -- hands down -- the least convenient.


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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