$DIA - PPI GAP CLOSED - interesting signals in DIA
DIA also gapped underneath the bottom of the implied move for the week, which was 427, and dropped from there. We saw 427 as support the day before, then we popped up to the 35 EMA, and then gapped down underneath the bottom of the implied move. That is a very interesting signal; we saw 427 as resistance, and then dropped underneath the 30-minute moving average, filling the bull gap from earlier in the month after PPI.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.