[$DJT] update

The models in the backlink are still essentially valid. The transports have been melting, diverging from the industrials.  But there still has not been a confirmed breakdown so I will put up an updated model that's not much different than before.  In any case that black 3 could really just be 3 of 3 and now working on a 4th wave falling wedge (i.e. the blue path).  If this is going to break down it must do so most riki-tik or the market is likely to treat this whole thing as a correction with blue upside.  But then we will certainly be due for a pullback. Problem is, UVXY could be $28 by then at the rate it has been falling.  Use stops!  And if you keep losing your ante then you are fighting the ticker.  Step back and breathe and then wait for a good setup with low risk and easily defined low-loss stops.

I think we really must be careful to use stops on shorts until this resolves itself.  The whole economic world is turned on its head so the chart is all we have to go by. There are no real fundamentals anymore IMO.  How can there be real fundamentals when the whole money supply is based on fraud and confidence?  This is truly an economic version of The Matrix.