Bucky posted a comment in yesterday's EOD post and referenced INDU and RUT not pointing to a triangle. I think it is a very good point to consider since INDU made a new high.
It got me to think about SPX's triangle count. Given that triangles take time, we must consider IF a triangle is in play, that a running triangle may be forming on INDU.
However keep in mind I do have alternate labels that takes into consideration that Minor 4 is complete and that Minor 5 is in progress or that only Minor 3 is still in progress.
INDU
SPX
