Recently we studied the NASDAQ Composite ($COMPQ) as it appeared to be on the verge of jumping into an uptrend after building a Cause. Now the $COMPQ is within one box of the minimum PnF count of our prior study ‘$COMPQ Up Close’ (click here). We evaluated two trading counts employing intra-day PnF charts ranging from about 6,730 to 6,912. Last Friday’s price surge puts the $COMPQ at a critical juncture.