$DIA coming off top of daily broadening formation
DIA, along with all indices, are looking like prime short candidates. Most are extended. Combined with fed news, COVID uncertainty, lack of US economic growth, and upcoming rate hikes, it appears this could be the start of some (temporary?) pain.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.