[DRD] taking a more bearish path

In the backlink I modeled DRD as building a 4th wave but I envisioned it to bounce higher than the current HT will probably allow. 




If the updated model below holds, DRD could see the $1 range to close out the great commodities bear market.  Remember, as fast as these collapsed on no news they will rebound on no news.

The 4th wave HT is not confirmed until we see the E wave break out so  I expect a small rally in metals and miners tomorrow AM in order to form E of 4 and then we see the break down. into blue 5.  If I see this happening I will dump JNUG quickly in the AM.