$COMPX update

Today's move on the $COMPX was quite strange.  It punched out of the top rail of a rising expanding wedge in the AM and then printed an ambiguous count (could be either motive or corrective).  We'll have to wait until Monday to get a better read but part of this have telltale signs of a corrective move that should have higher highs (like the gap fill...) and parts of it look like a peak was just put in.  Since this is again an expanding wedge within an expanding wedge I am betting that early next week we see the beginning of significant selling.