Subject: Re: Timing: recent highs
In my mind COMPQX is the swing factor/casting vote - if you believe that the ensemble of indices marginally betters the outcomes ( it does) ....

Because nowadays I only count the pool of 9 indices ( sans SP&100 which alongside the SP500 and the NDX to a large extent is all dominated by the same cap wtd stocks)

So COMPQ will put the voter to majority 5/9 - and its currently at 88.

Best