[$COMPX] update

The real chart extended a bit past the backlink model's expectation but we still have a 5 wave rising wedge which has just broken the lower rail.  If this can break back up into the channel in the next day or two then perhaps the market can extended this rising wedge a bit further but I think that is a bit of a stretch at this point.  I think the very best that the market will be able to do is to use this wedge as W3, then pull back to the 4600 range for wave 4 and then spike one more time into Q3 where the cold weather has historically put a chill on markets. 

That's best case IMO.