Tuesday, June 23, 2015

[$DJT] update

In the backlink I modeled the possibility that DJT could be finishing up a 4th wave and ready to break out.  But I think it should have happened by now.  At this point is is starting to smell like a resistance line that cannot be broken out.  The market will not put up with much of this.  It will either break down or break out soon and which ever way it goes will be the trend for several weeks to follow IMO. 

This is looking bearish to me.

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