Commentary and chart analysis featuring Elliott Wave Theory, classic TA, and frequent doses of sarcasm. Work published on Yahoo Finance, Nasdaq.com, Investing.com, RealClearMarkets, Minyanville, et al
Join the ongoing discussion with our friendly, knowledgeable, and collegial forum community here!
Amazon
Wednesday, August 7, 2024
SPX, COMPQ Updates
Chartwork took longer than expected, so I don't have much time for chit-chat here and we'll just let the charts do the talking:
SPX did end up capturing its most recent T2:
And I finally updated the annoying COMPQ chart:
Not much else to add beyond that -- the level bears need, and thus the level bulls need to hold, is clear. Trade safe.
No comments:
Post a Comment