That 35EMA LOL.
DIA being a leading indicator of market strength is flashing a warning signal here. If we don’t take it back above the 200DMA that will kill the momentum of the long bull run and we will go back down to the 200WMA.
I want that as we are long overdue for a correction but I also want to be careful to read the signals and not my bias. Let’s see how this weekly candle closes.
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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.