DIA Puts InTaking a fun look at DIA with the retracements of the past to give an idea about the potential next drop.
DIA trade ideas
$DIA Bulls Taking Controlwhen in the world was everyone in the public capable of identifying a recession before it happens. sentiment is so bad right now which makes me think we will just rip through ATH again. Remember, don't be so closed minded to not see whats happening in the big picture, its a 10 yr bull trend since 2009 and we are only like 3-4% below all time highs. Stop trying to call the top and follow the trend cuz in the end the trend is your friend.
Anything above 247 is still a Higher low so trend is still in tact
19:02 Monday, 16 December 2019 (GMT-5) Time in Montreal, QC, CanNew strategy.
Basket trading
DIA + SPY + QQQ.
I will go DIA + QQQ and hedge with SPY. 1 + 1 - 2
This is a swing strategy.
Good luck.
Forex Free ChanceForex is a free trade only yuo must hase mobile or labtop and you can trade easy and free
Volume Proceeds PriceVolume is the only indicator can provide hint for price future action. It is important to watch how volume behaves compare to breakdown and rebound in order to determine the strength of rebound. In this case marked, breakdown showed extreme high volume (use 50 DMA on volume) but rebound came very light weight. Thus, it is reasonable to assume rebound is more likely to fail and downtrend may resume when rebound is over.
Divergence Confirm Dow Jones ETF MoveThe negative divergence depicted by the MACD on the chart has given us an early warning of the impending downward move. Prices keep moving up but MACD shows declining move. Yesterday, Dow Jones ETF (DIA) confirmed the signal with the gap down move. Likely downward target would be around the 270 support area and the 250 area. A break below the latter support level, might give way towards 200 level
DIA - at the 50 Day50 Day providing some support. This should be temporary as DIA breached the support line which represented prior peaks quite convincingly. Looking for a test of the 200 day soon!
#DJI Dow Jones Industrial Average. How to trap a bullIf the DJI breaks back into this channel, quite a few bulls will be trapped, and we know what trapped bulls do. They sell. Interesting level right here.
DIA ready to correctThis technical analysis was conducted using the Swing•Genie Cycles swing trading indicator on a 2-day chart. It typically takes between 1 and 10 days from the time the Swing•Genie Cycles indicator prints a dot on the chart for the trend to demonstrably change. A green dot is a bullish signal, a red dot is a bearish signal. Swing trades using this system typically last 2 to 6 weeks.
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DIA - ready for a pullback?Looks that way to me. Top end of the channel here which has been narrowing for two years now. Decreasing volatility and volume drying up during this time. IMO shorts keeping this thing aloft believing the mother of all bulls has to come down. Trump tweeting everyday that markets are at all time highs and to spend your money well. Something has to give. It's time for a correction.
Trade dimension.looking forward to see a good week ahead, oil to continue coming up, now reaching its resistance zone, as long sustaining the trendline, then should not be the issue to trend.......
Ascending ChannelThe graph shows how the market price observations are contained in a bullish channel, formed by two parallel lines that act as resistance and support, the lines are defined by the yellow circles. The trend line channel offers an overview of the price action in the market.
Temporality in days for the DIA financial instrument that emulates the Dow Jones
August 2018
$DIA distribution? (BEARISH!)The next couple weeks will be very telling of what to expect from the market in the near term. Several major earnings this week and next, once they've been announced...
***Let's talk about it... ***
VERY GOOD DAY! Positive trade talk news. DOW rally higher??Always remember that I am NOT making recommendations to buy or sell ANYTHING investment related. You must do your own research.
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A NEW DOW RECORD IS COMING THIS SESSION. Disgusted by the medias position on the stock market. All bullshit anti-trump bias. UNEMPLOYMENT RATE IS 3.5% LOWEST IN 50 YEARS (NFP 10/4)
Obama could only get the unemployment rate down to 5%. *sob*
We have a very positive investors sentiment coming into this week. Good unemployment rate, China Trade Delegation arriving at the White House.
RECESSION RECESSION RECESSION!!! Note that when people call a recession this is a business stunts. If they were right they would have a book out and have the ego of a pregnant whale.
TRADE WHAT YOU SEE NOT WAS YOU HEAR OR FEEL.
NO EMOTION.
Short DIAOur Quant Algo has been flashing a short signal on DIA .
Expect the price to go down by at least 3% in next 60-90 days.
** This signal is the result of a quantitative analysis.
DIA not as bad as SPY after todayBlog: www.dumbmoneytrader.com
YouTube: Dumb Money Trader
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