$DIA Analysis, Key Levels & Targets for 10.23.24The implied move for DIA tomorrow is between 424 and 434, while the implied move for the week remains between 427 and 438. Anything below 427 is considered very oversold for the week.
To the upside, the 35 EMA is right at where we closed today, and it’s the first level we need to pay attention to. If we get above that, the next resistance level is around 431, where a pivot resistance-turned-support lies. If we break through that, the next target will be the all-time highs at 433.20, with 434 as the top of the implied move for tomorrow.
On the downside, 427 is the bottom of the implied move for the week. We bounced off that level today, and it’s been a key support level on October 16, 15, and even had some action on October 14. So, 427 is our current support. Underneath that, we have the 30-minute 200 moving average.
If we break below the 30-minute moving average, there’s still some of the trading range left below us. We also have the gap from PPI data back on October 11, with the bottom of that gap aligning with the implied move bottom at 424. Below that, we have the one-hour 200 moving average, providing additional support at the very bottom of tomorrow’s trading range.
DIA trade ideas
$DIA Analysis, Key Levels & Targets for 10.17.24
Ok so we are just under ATH’s here.
The implied move for tomorrow is between 427 and 435.
That’s about all I’ve got in me for this analysis tonight… LOL. If you’ve been watching the vides lately then you probably don’t even need an explanation.
GL tomorrow, y’all
$DIA Tomorrow’s Implied Move for PPI
Alright, y’all. So we consolidated back to the 35EMA and we still have a bullish setup here. We either bounce on it tomorrow and make new all time highs, or we drop to the 30min 200MA
We do have support on top of the Bull gap that we made after rates were cut. So the top of the rate cut gap is at 418.
— Storm update: I’m so good, but I don’t have power so I can’t make videos until that’s fixed. Until then I’ll be posting charts here when I can. 🙌🏼
$DIA Tomorrow’s Implied Move for CPIAMEX:DIA Tomorrow’s Implied Move for CPI
Ok. So I don’t have power so I don’t have much time to write anything too long here but this is the implied move is between 420 and 430 and we have the 30min 200 and 35EMA support for tomorrow at least.
ATH’s just above us so if CPI is bad then we could get smacked here to retest that 30min 200 level and if not then 430 is the target for the week so that’s the target to the upside. We are bullish technically going into tomorrow but we all know how CPI and PPI days can be…
GL, y’all.
$DIA Analysis, Key Levels & Targets Review of Oct. 8th Alright, I’ve got to hurry now because I did lose power so I have limited time to get these charts up… but DIA took it all the way to the top of the implied move and is just under ATH’s heading into CPI.
35EMA found support on the 30min 200MA like we talked about yesterday - and came back up so we did not get that bearish confirmation.
And really if you even look at yesterdays close we already had the bullish cross up in Stupid Willy. So DIA, the biggest winner today.
$DIA Analysis, Key Levels & Targets for Day TradersNo video again tonight but here is the trading range.
DIA broke the 35EMA support and dropped down to the top of the FOMC gap. It didn’t fill it, like IWM did, but those two gaps are on deck, especially with JPOW speaking today and we have GDP as well. We broke the 35EMA, but we are still above the 30min 200 which makes us neutral, but also makes the 30min 200 an attractive target to the downside.
GL, y’all… I’ll keep you up to date on the wifi situation and hopefully videos will resume soon.
$DIA Analysis, Key Levels & Targets for Day Traders for Sept. 25AMEX:DIA Analysis, Key Levels & Targets for Day Traders
Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow
But with that being said, this is the Trading Range for tomorrow and keep an eye on the 30min 35EMA - so far this week it has been holding us up, post FOMC. And then ATH’s was resistance today so keep an eye on those two levels to see which way we break. The op of the implied move for the week is at 426 so if we get near that it would be a good place to sell some calls, or call spreads.
GL, y’all… I’ll keep you up to date on the wifi situation
DIA bear put spreadMY GAMBLE, Fed is NOT cutting rates next week. (No chance) 0
This would be seen as Election/political interference. The markets have been going up nicely the last week and I want to play some bear positions.
There is no weakness in employment
And inflation is present and not at 2% target.
IF THEY cut rates, they will have to 'make up a reason'.
$DIA Trading Range for 9.4.24Critical level here at the 30 minute two under moving average. It does look like we have the possibility to close within the implied move on the week which is at 410 but there is not a lot of strength here especially as we start the trading day. That 30 minute 200 removing average as resistance could possibly be the play here since that 35 EMA did cross underneath it yesterday
GL, y’all. I’m so ready for the weekend 🤭
DIA - Sometimes It's Just Bad LuckBeen on vacation at a friend's cabin in Maggie Valley riding our asses off. Yes sore ass, back needs an adjustment but it surely has been worth it. Just some great riding up here and the weather could not be more perfect. But not everything is smooth roads and beautiful scenery.
Yes our trade was tapped out last Friday right before the close, with a high of 416.55 and our stop at 416.50. So $650 loss for the trade is now realized. Setting stops is as much of a technique as finding the setups. Thought 416 was the level and 416.50 would give us some room, but the market tapped us out anyways. It happens.
So now I am waiting for the next setup. If you did not have a stop and are still short, it appears the market is moving your direction so just hold for the Targets.
Anyways getting ready for the ride back to Florida and I will update on Sunday or early Monday BTC and the general market.
Have a blessed Weekend!!!!
DIA Long Term Plan Secular Bull Trend 370-1500 (2009-2040)After that little fake out above 41,000 and the sell off back to 38,000 on Futures, it made me question the validity of the bull move that I had mapped out. Now I am firmly convinced that what I had planned was what was happening all along. I realized that I can't hold this move with Futures as it is too volatile in my portfolio.
1 MYM Futures = $1100 margin
1 YM Futures = $11,000 margin
1 DIA = $400 share
$200 share with margin
I will allocate 40% of my portfolio with DIA shares and the remainder 60% will Daytrade YM Futures, as that is my true specialty.
My Day Trading stats are 40-45%-win rate, around 42% most times, with 2.6 to 1 risk reward.
I will only be looking for Buy setups Daytrading
November 2025 with that spike down to 370 or 37,000 on Futures, I Will be exiting my position before then to evade that dump.
I will then be adding back to my portfolio at 370 for the move up to 1500 or 150,000 on Futures.
DIA
After absorbing all the liquidity in the form of imbalances (you can find this idea in my profile), I noticed a potential opportunity for a long position on a local timeframe. I’ll set a small stop-loss and allocate 1% of my deposit to this trade since minute timeframes aren't very accurate and can easily trigger the stop-loss.
DIAAfter liquidity was taken out at the purchase and a new asset high was reached, a short-term revaluation of the asset is expected following the bullish rally. This rally left behind a lot of unfilled liquidity and a fair value gap, which I have noted on the chart. However, I won't rush to open a short position since there is no precise entry point yet, and the MACD hasn't significantly heated up on the daily timeframe. Conversely, on the 4-hour local timeframe, it is very overheated, causing many to open short positions now, which will likely be closed by stop losses before the price moves in our desired direction. But these are just assumptions, as anything is possible in the market!
In any case, I intend to open a short position via a limit order with an opening price around 403.00 - 405.00, and then I will add to the position from the order block that will hopefully form.
It's important to note that my idea is not a call to open a trade but merely a recommendation. Remember to use only 5% of your deposit per trade and do not risk your entire capital on a single trade. I will keep you updated on the trade and provide further updates.
$DIA Trading Range for Today, August 7th 2024AMEX:DIA Trading Range for Today, August 7th 2024
Today’s implied move is between 384 and 396.
A lot of really important levels to know if today’s trading range. We did bounce on that uptrend support (green dashed line) That we have seen since April… right now we’re fighting to hold the 4hr 200MA and the 50D MA, both important levels
396 top of the trading rang for today and that is within the bear gap from Monday…
GL y’all. I’ll make the video tonight in the old format that includes these in the video!!