SPX, COMPQ, and GOLD: A Big Warning Sign for Gold Bulls

Finally, there are new things to say about SPX -- and the chart annotation says most of them:

COMPQ is in the same place:

Long-time readers know I've been bullish on gold for more than six years... but if gold bulls can't hold the recent swing low, things could get pretty ugly there, with a drop of 30-40% very possible:

Not much else to say that isn't already on the charts.  Trade safe.