SPY_Trader

DIA - Staying in the upper channel

Short
AMEX:DIA   SPDR Dow Jones Industrial Average ETF
Today the DIA opened at 314.77. Through the day it traded as high as 314.90 and as low as 311.60
Bollinger Bands
Looking at the Bollinger Bands for DIA, you can see that DIA is trading in the upper, which is considered to be a bullish sign. Not sure how much longer it can hang on. With 2 hours to go, we will see how it pans out.

MACD
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards DIA by the market.

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