SPX and INDU Updates

It's been a long-standing tradition that whenever the update falls on October the 4th, I include the word "the" somewhere in the update, so I'll do my best to honor that tradition again today.

Since last update, the market has basically just burned time going sideways, in an attempt to annoy everyone.  While this doesn't give us much information on its next move, it does give us a fairly clear support zone to work with heading forward:

INDU is in a similar position -- but to be fair, we'd already pretty much worked out that zone previously, plus a hair, this just tends to confirm it:

INDU's big picture chart still shows the zone for bulls to beat convincingly:

In conclusion, not much else to add beyond that.  Trade safe.  

The.