SPX and INDU: Everyone's Favorite Market

Friday's market didn't do anything to change anything, so... no change from the past few updates.

INDU first:

SPX:

Of minor note, SPX appears to be three waves down followed by three waves up.  As of this second, it hasn't overlapped the start of the prior wave down, so that means if it were to break the red line directly, there would be an option for it to be a nested bear wave.  If it goes on to form another small 3-down, 3-up while the price range contracts, then we could be looking at a larger triangle continuation pattern.  If it instead were to go on to make a new ATH directly, then neither of those are relevant.  Not much else to add beyond that.  Trade safe.