DIA Trading Ideas

spunj

Administrator
Jan 24, 2019
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DIA support line dating back to 2016 - turning into resistance? We are off to the moon if DIA breaks through this line.

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spunj

Administrator
Jan 24, 2019
157
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18
However, Uh-Oh! We may be facing some big trouble in the weeks ahead.

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spunj

Administrator
Jan 24, 2019
157
1
18
Lots of self-congratulatory celebrations going on now. DJIA hit its 200 DMA - thousands lambasting those who are cautious of the market....
We shall see.

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spunj

Administrator
Jan 24, 2019
157
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18
Is the Dow ready to rollover? Coincidence or an amazing example of trend lines? Check out how the DOW tagged the long-dated trend line for the closing on Friday.

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spunj

Administrator
Jan 24, 2019
157
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I'm still sitting this one out to see where our beloved DJIA goes. I'm watching with keen interest if we can break above the resistance trendline.

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spunj

Administrator
Jan 24, 2019
157
1
18
Like a magnet...
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spunj

Administrator
Jan 24, 2019
157
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18
The black hole of converging trend lines in action:
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spunj

Administrator
Jan 24, 2019
157
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18
Which way will she go?

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spunj

Administrator
Jan 24, 2019
157
1
18
The DOW sure looks like it is consolidating, doesn't it? If she breaks above 260 for more than two days, then I'm going long. Until then, I'm still watching for the bearish potential.

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