dow jones is going to the moonas you can clearly see, the snake techincal indicator has crossed the tongue threshold thereby indicating an exponential upwards trend
Key stats
About SPDR Dow Jones Industrial Average ETF
Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.16%
Home page
Inception date
Jan 14, 1998
Index tracked
DJ Industrial Average
Management style
Passive
ISIN
US78467X1090
Despite the name recognition that comes from tracking the Dow and its own popularity, DIA is not the ideal ETF for investors who want broad-based exposure to US large-caps. The fund`s tiny portfolio, arbitrary selection, and antiquated weighting produce significant sector biases relative to the market, and cover only a fraction of the large-cap space, typically represented by hundreds of names. Stocks are price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change, as occurred in September 2013. Still, DIA tends to move with the broader market day-to-day, and some may prefer its typically (slightly) lower beta. DIA is extremely liquid, with huge assets and a long track record. The fund`s UIT structure is shared by a few other long-lived ETFs (like SPY), with the most notable effects being a slight cash drag since stock dividends received in between the ETF`s distributions can`t be reinvested as is typically the case. UITs must also hold every stock in the index at all times, which can tie the PM`s hands. Still, for exposure to the Dowa concentrated, universally-cited basket of household namesDIA is a great choice.
Classification
Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Price-weighted
Weighting scheme
Price
Selection criteria
Committee
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Health Services
Health Technology
Stock breakdown by region
Descending TriangleNeutral until broken with a trend in that direction.
All 3 triangles, ascending symmetrical or descending, can break up or down.
Price is at the upper line today which is resistance.
Support and resistance levels were made to be broken.
No recommendation/possible W pattern.
THE SHORT SQUEEZE BULL TRAP The chart posted is that of the DIA this is my top wave count The short squeeze .I see this as wave A up within the bear we should now see a 3 way drop back to 50 to 618 5 of this rally if not a retest near .786 from this we should see wave C up once again just past today peak . Then THE BEA
$DIA all red i.e. FTFC DOWN it is Red day(s) that triggered
Red (outside) week that triggered
Red month and red quarter.....
AMEX:DIA 2 down on the quarter and not looking good
Let's see if an 'end-of-day-rally' can bring some light to the darkness the last months of the year
For now..... FTFC DOWN
DIA (SPDR Dow Jones) - further downside likelyPrice has broken through two wedges to the downside and has also closed below the key 143 level. The momentum indicator is negative. Further downside likely.
Too much supportWe could the return of the DOW. Price is just landing on a strong support zone. Next week we could see a big, fat green candle (engulfing) and heading higher from there. I may buy a few calls on Friday, I want to see if the support holds. BTW I pulled up a 2 weeks chart for better visualization but
THE LAST RALLY in The BEAR MARKET RALLY WAVE B TOPThe chart posted tonight is the DIA tracking share we have declined in a three wave decline and from the cycle peak due on july 26/27 into the panic cycle 55 to 62 days down from sept 23 to oct 4 focus on the 25 th of sept we should enjoy a major short squeeze event in the spy dia qq
Dow Jones make or breakThe Dow Jones Industrial Average (DJIA) is currently positioned at a significant support line stemming from a bearish pattern known as a rising wedge. Yesterday, it rebounded from this support line, but it is crucial to observe a stronger upward movement to maintain its position above this level. If
DIA v IWM: Growth vs Value Were looking for DIA to continue it's outperformance over IWM here. Fed signifying tighter policy for longer is likely to keep bearish pressure on the growth stocks that represent the IWM index. Good luck traders
SYMMETRICAL TRIANGLEPrice has broken the support line.
Neutral pattern until broken.
Has broken to the downside.
Tight triangle and price action fills the structure.
Fib levels applied to calculate targets.
The white line represents a 100% fall but can fall to a lesser or greater fib level.
I use .382, .618, .786,
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