Long

Some Sort of a Low (DIA...'The Dow')

DIA has been the ‘tell’ so far in 2022. Recall that 295 was marked as a big number and Friday’s low was 296.39. Close enough! Friday’s low was right on the channel line and a hair above the 200 week average (thick red line). After today’s strong action, my view is that the long side is viable until further notice.

-Jamie Saettele

jsaettele

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/

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jsaettele

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/

Also on: