DJT Has the Clearest Elliott Wave Pattern

Today 11/5/19 was a very important day for the DJT. It broke above important resistance at 11148 made on 4/24/19 labeled as (B).
My 7/16/19 DJT post speculated that the DJT may have completed an Elliott wave - Horizontal Triangle. As it turned out the Triangle appears to have been still under construction.

The current H - Triangle has 50% Fib relationships between wave (D)/(B) and (C)/(A).
Daily Stochastic has a bullish crossover, and room to run on the upside.

If this count is correct the DJT is in a post triangle trust up that could move it well above the all-time.

IMPORTANT - Even if you don't trade DJT you need to watch the index because it has the clearest US stock index and can act as a road map for other indices.

My next DJT post will examine the long term DJT Elliott wave pattern and upside target.

Mark