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Friday, October 2, 2026

SPX, COMPQ, and Shakespeare Updates: Near-term Call Worked

Last update insultingly (for SPX) found its then-recent effort to form a low "unconvincing" -- and suggested new lows were likely.  That worked out.



Nothing happened in COMPQ, so it's still in the same place:


Other than the near-term hit, not much to add.  Lots of noise and little that one could take to the bank right now.  I believe it was Shakespeare who penned the famous quote about this market:  "SPX is a tale told by an idiot, full of sound and fury, but signifying nothing."  Hard to argue with that.  Trade safe.

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