SPDR DOW JONES INDUSTRIAL AVERAGE ETF

AMEX:​DIA

We are in the C wave of the correction. If you want to long, you need to wait for the next impulse to complete the 123. if we get a bearish flag at the end of 3, this trend down will continue. Trade at your own risk!

The market's current instability is due to talk of "trade war" with China. However, the support line as shown has rejected the fall two times so far. Unless the market breaks through, you can continue expecting an upward trend.

Hello friends. We have another major index confirming the bullish bias. I'm not excluding a slightly down day on Tuesday, but there seems to be a good bullish pattern forming up here. Thank you for taking a look and please be careful with money :)

Huge supply volume in this consolidation, with no demand. DIA is weak and another possible dump down to the 200MA and beyond is on the cards

As clearly shown on the chart, the market is not in a downtrend as many may suggest. It has rebounded off of the underlying support line multiple times yet to break through. However, if it does make it through this point, it could very well go into a free fall towards the previous support dating back to 2016.

DIA short setup 1h

Confluence of factors bringing indecision in the market; what's the next step? Looks like everything is consolidating and compressing, taking a pause from the long term bullish trend; in particular, $DIA is sitting on a strong support from which it bounced off on the most recent flash crash of early February and another confluence is given by the approaching 200 ...

Reasons: 1. Technical analysis (see the attached chart) 2. earning season 5. stock markets' resistance levels got broken around the world (europe, japan...) open position: around 248.00 stop loss: if the price falls below the down trend resistance line on daily chart stop profit: around 260.00 https://www.tradingview.com/x/YF88NPjO/

Average bull market lasts 5 year with a 175% return on average. This market has gained 325% since 2009, getting long in the tooth. Average bear market decline is 32%. Time to start getting ready imho. No one has figured out how to time the market, so we draw lots of lines connecting the dots we hope makes us the money.

inside and up on the 15er . this is not a regular post. Just a quick post that I could reuse

Green!

Potential 5th Wave

DIA bounce off 200sma (first test since June 2017) into a Turtle Soup Buy. Higher momentum lows. Powerful short term reversal setup. 234.85 cancels the setup. Trailing stop.

My views on the Dow from an Ichimoku perspective. EDIT: **I mentioned the span B was devised from last 26-periods. This was an error, it is the last 52 periods.**

Long way to go and still be positive, Short term looks ugly. Lets see if its a painful slow death or an elevator down move. Just resetting

"Don't sell at the top, sell only if there's no rally after the reaction" ~Jessee Livermore. This market has been buying the dips, which is a rule in an uptrend market until the trend states otherwise. This is what has been happening so far. This market is facing changing circumstances from the time Yellen was the chair woman at the Federal Reserve. ...

Strong wedge breakdown this week. Momentum downwards likely to find strong triple support at $233 - triple: the 200 day MA, the Feb lows, and the bottom of the new trend channel. If we break $233, time to gtfo.

ETF and gold