SPDR Dow Jones Industrial Average ETF

DIA Arca

NoFomoCharts

DIA (Dow Jones Index ETF) has been uptrending in 2021, on daily and weekly charts. However, price is currently consolidating between $352.18 and $355.83. Bullish scenario: -DIA price breaks up above resistance to establish a higher-high. -Resistance levels: $355.83, $358.07, $361.59. Bearish scenario: -DIA price pulls back down to test support levels...

Tom_the_Moon

(1) 340 (pink, anchored VWAP) is critical support (2) although DJI has achieved 10%+ in 2021, it has been consolidating since May with slight move. (3) appeal to my interests which I would focus on jets and BA, but be aware that would be a long way to go

gooney0

Really hope the Dow bounces here. Nearest support is $940 away! SPY and QQQ do have support coming up at least.

praven2010

DIA closed right at the 100 day SMA and it also looks like it just broke down of it's trend line. I will look for support at the support zone. When the price reached the support zone most likely the 200 day SMA would have moved up to the support zone and act as support as well.

secretkitten58

This is my random drawings on DIA in an attempt to understand trends. Please let me know your thoughts and how I could improve. Thank you!!!

lauralea

Price is sitting on bottom trendline of a bearish rising wedge. This pattern is not valid unless the bottom trendline is broken. If the bottom trendline is broken, price will usually find a level of support within the wedge. A strong security may not fall far before a support level is found. This can be a very long term pattern. The Rising Wedge is a...

wsokol

i have mentioned a couple times throughout the year that the 4Q is where i expect things to get interesting. i think we are close at bay. one just possible date is sept 2. which would be 360 degrees from the last major sell off. trade safely and i hope you enjoyed the gains of the bull market. i dont think anyone expected it to bring in so much exuberance....

swimmax

We had a touch of the 50MA today at the opening today and are positive (for the day only). I am waiting for a close today for any following decision.

wavetimer

Chart posted shows the Non Confirmation . SIGNAL IS FORMED for A SELL SIGNAL it will remain unless djt can takeout old

StockPickingEnthusiast

(Opinion only)

JohnKicklighter

For many, a break like the one we've seen from the Dow (here the $DIA ETF) is a 'break' and has set expectations for a productive follow through. However, I think it is clear that general market conditions are not conducive to trend development. I would categorize the Dow's break from its tight wedge this past session as a 'break of necessity' where the market...

SCOTCHstocks

With all the fear mongering/hype regarding the Delta variant, along with newly implemented mask and vaccine mandates, the idea of more lockdowns is just around the corner. Because of this, I plan on playing this low risk / high reward short setup in the Dow Jones Industrial Average TVC:DJI or AMEX:DIA ). This play is being used slightly as a hedge against any...

Vetuz

$DIA breaking out of the 350 resistance zone and continuing the uptrend. Marching on to the 1% fib ext level on the weekly chart to 371, while steadily holding above 350 on average volume, votality from previous weeks movements have allowed the uptrend to slowly build up. Expecting some new highs in the near term

05:07

GabiDahdouh

Hello everyone , as we all know the market action discounts everything :) I've prepared a video explaining the 6 principles of the Dow Jones theory , everything you need to know about the Dow Jones theory is in this video or if you prefer to read i got you :) The Dow Theory is a trading concept conceived by Charles H. Dow, an American journalist and founder of...

samitrading

Party just started, or NOT !!!

wsokol

now that we are hitting another important 45 degree angle, it is time to pause and see how the market reacts to this level. we are at a very dangerous level in terms in valuation but insanity can go on longer than you can stay solvent..... there is no such thing as a free meal. i will be watching 7/10 - 7/12 as a possible date for a reversal. please note that i...

craig_percoco

This super cycle EWT & Fibonacci analysis is showing me that we are approaching the top of the quantitative easing/money printing pump. Nearly all of the EWT theory rules apply, and the fibonacci levels are scary accurate. The top of the fibonacci retracement is a projection in this case but the accuracy of the previous trend levels with the fib retracement...

Tradingexchange

Consider to go long