$DJT My fav market sentiment indicator.
Last Friday the DJT bounced off October's gap up AVWAP and is looking to bounce off of these levels. It currently finds itself below the 20 day MA but above the VWAP mentioned before. If price is offered below last week's lows, then it's probable that it will test the 50 day MA, which could prove to be a resting area. Below the 50 MA has proved to be an area of increased demand lately, and it wouldn't be a surprise if the lows are taken out, just as it could be very probable that a rescue operation begins here and bounces up above the 20 day MA.
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