[DJIA] update

The model from the backlink is bust because of the lower low dip we saw in the DJIA.  What I'm focusing on right now is today's rally that looks like it is a second failed attempt to break back up above the 9 month support line shown below.  This is looking very weak to me despite a 200 point move up in the DJIA today.  If the chart cannot break out and hold that line today or tomorrow then I think it will be rejected downward and UVXY will finally catch a serious bid.  I think the DJIA could lose 1000 points by mid July.

As always, use intelligent, EW-defined entry points and stops because you never know when this foolishness will end.