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Thursday, November 14, 2024

SPX and COMPQ: The "Chart-Only" Portion of Today's Update

The more interesting portion of today's update is broken-out into a standalone piece.  See: We Talked About This. We Never Thought It Would Happen.

So the chart portion of today's update (this) will be short.  First is SPX:


Next is COMPQ, with a reminder to reread the black annotation of 11/5.  COMPQ is obviously still well below its hard cap, so option 1 remains very much on the table:


Not much else to add beyond these two updates.  Trade safe.

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