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CosmicDust
Sep 24, 2014 1:11 PM

DIA - monthly chart study 

SPDR Dow Jones Industrial Average ETFArca

Description

Noticeable divergence. How long and how far can it go? No idea and do not care. However will dump 100% once the pink support line breaks.
Comments
A-shot
Still working|
CosmicDust
Thanks for tracking. It started to break down, but we will have to wait until month end to get a read.
CosmicDust
Will have to wait until the end of month to get a firm reading. But today was ugly. There will be rebounds and it might be good idea to sell into them.
A-shot
Broken !
QuantitativeExhaustion
1st Day of the Month?
A-shot
Yes, but a start :)
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