AMEX:DIA SPDR DOW JONES INDUSTRIAL AVERAGE ETF
The Blue shows the Downslope up to 19 Aug 2015. The Purple Box shows an emerging Down-channel. The Yellow Box shows the area of influence of the Great Fall of China. The Orange shows the current upslope. The Green shows the median value of DIA (DOW ) over its history. The overall environment suggests an ultimate softening of share prices in anticipation of lower interest rates. In the circumstances, the current rebound seems over-enthusiastic. No doubt the Downtrend that was emerging prior to Chinese Fall will re-assert itself, though at a higher parallel and softer slope.