Looks like 3 of 3 of 1 about to play out this afternoon or tomorrow AM. If this model is correct, the resistance line which was just broken back up through will not hold for even a few minutes as support again. The chart did the initial breakdown during 1 of 3 but didn't have the power to keep it down there. That victory will be reserved for a break down that happens during the 3rd of 3rd in order to send the message that the break down is real.
If this breaks back down, double down on your short positions immediately because
this will most likely be the last time you see Dow 17000 in your lifetime. Use that line as a pivot point now. Short below it, and any subsequent break out of it is a cover signal. The king+rook has the opposing king backed up into a smaller and smaller corner. Just keep playing it smart and we will win this match.
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