SPX, INDU, TLT Updates

The market is still roughly in the same place that it was near the high of December of 2024, but it could be getting close to doing something interesting, one way or the other.  Maybe.  If we don't light ourselves on fire first.

Since last update, SPX stalled right at the upper boundary of the theoretical "just because it's there" diagonal.  Note that a diagonal would *usually* be expected to overthrow that upper red line before reversing.  Again, this is not to say this IS a diagonal, just that's how they normally behave.  There's typically a "fake-out breakout" to run all the stops before the real damage ensues.  

But again "again" -- a sustained breakout on increasing momentum could signal a bull nest off to the races.

No change to the near-term SPX chart:

Next up is whatever chart I upload next (hang on a second).  Looks like it's INDU, which is flirting with its long-term blue line yet again:

Which means the next chart will be the near-term INDU chart.  Here, we see INDU fell out of the potential triangle, but no breakdown of the prior low yet:

Next up is a chart I haven't published in a few months.  The potential red 4 has so far held. 

Finally, another TLT chart, this one I haven't updated since April of last year... but it is interesting to look at now (I forgot to publish it back in November when I updated the chart above):

In conclusion, not a lot has changed since last update, with the market keeping everyone on their toes here.  Trade safe.