[DJIA] critical alert

We are now at the shit or get off the pot moment with respect to the model I provided here and which has been reproduced below.  The DJIA will have to, probably tomorrow, either break back down into the channel and begin playing out a 3rd wave OR it will bounce up as shown below and take out the top rail.   I really think it could go either way so I am not holding overnight even though I suspect I will miss out on profits from a big gap down tomorrow.  When I don't have a stronger feeling than a coin toss I think I can just wait until pre-market tomorrow and make a decision.




Break down of the top rail should be with gusto if it is really to be taken bearishly because this should be a 3rd wave and by some count s a 3rd of 3rd.  Breakdown of the top rail is a buy signal.  Next confirmation is breakdown of the lower rail of the HT and then we should see some real panic begin once the lower rail of the wedge falls.

I will be all in on UVXY if that top rail breaks down with stops just above the top rail.