SPX and INDU Updates

Since last update, INDU has moved a bit higher within its noise zone:

SPX has made slightly better progress, now threatening to test its all time high:

The prior ATH is, of course, a resistance zone, but in the event SPX can sustain a breakout over its ATH, then that would put some near-term bull options in play, including the option that everything since the "three down" low was a bull nest.  For this to be the case, bulls would want to see a breakout on increasing momentum.  If SPX broke its prior high then stalled immediately, that would put options such as a larger expanded flat (which would be expected back below red, then back up to a new ATH), or an ending diagonal, in play.

Other than that, not much new to report since the last few updates.  Trade safe.