[DJIA] update

The recent action in DJIA looks anything but strong.  Despite UVXY falling hard, DJIA struggles for a few points here and there and it looks to be tracing out a 5th of 5th of 5th.  Note the fractal relationship between I have been labeling as 3 and then 4 for some time now and the more recent 3 and then 4 of one degree smaller.  I think we are being set up for a great swoon in June when the earnings data falls well short of estimates and then, more importantly, forward guidance is reduced.  Time will tell but this is not what I would call a bullish chart.  This looks like a doddering old man with a cane struggling to take each next step.