DIA trade ideas
DIA daily naked call sell $7.60 October 7thNice littler bearish hammer on daily. Gotta be quick market is volotile.
DIA TGT..looks like the move dow is overWe await more data ..but the downtrend is over looks like that
Cup and handle forming on inverted DIA I just was just browsing through and inverted the DIA and started playing with some patterns. I feel like I've noticed multiple triple tops and inverted cup and handles. This could be dangerous for the short term future and possibly the next 2 -4 years. This is just one of many making this type pattern being that a lot of stocks follow the Dow Jones
DIA....Buygood breakout..should shoot up on shortcovering...stoploss is price going back down breakout line
The Dow Jones is above it's 200 MA!The highly profitable firms on the Dow's roster also boast a higher dividend yield than those in the S&P: 2.4% on average, compared with 2.0%. It still makes sense for index investors to hold funds that track the broad market. But you may want to add a stake in the granddaddy of all stock indexes, too.
DIA is approaching toward an overbought zone 347/355DIA is approaching toward an overbought zone between 347 and 355 based on the momentum readings. Given the strong move that has build up during the recent weeks, There is no evidence of bearish trend that put us near the low of 300 one more time over the next six months. Basically as long as price trades above 339, ongoing bullish sentiment continues. Despite the strong momentum, it would be hard for DIA to set a sustainable rally above 363 by the end of this year.
DOW(DIA) at a crucial juntureThis is a inflection point so be careful...if the trendline is crossed it will shoot up....if not then it will collapse
Decent end of year upsideOptions show strong belief in strong end of year run. Maybe the fed pulls back, or the new 430bln support program helps, anyway the bets are in. Support is close, resistance is far
Question Everything Like Once, Even Twice Maybe?Granted. There is a pattern here. A popular bottom pattern called an Inverse H&S (head and shoulders)
OBV is low and flat. Just a bit odd. (google OBV if you are not familiar with On Balance Volume)
Targets to the upside are in white type.
Who knew when the outlook was a bit bleak for this country's economy that we would have such a cool rally up?
Not me.
But we did.
I mean the FBI has raided our last president's home when they knew he was not home over a year after he was president. Kinda makes you scratch your head and think WOW!
It is almost like there is No Telling what will happen next!
Unsettling for many including me.
In reality we do not know what is going on? But you know, how many of us live in reality?
So now I go from here. This is where we are. We live in the present to be healthy and the market does not always live in the same time zone that we live in.
Will the economy burn the market? Seems like it would but time will tell.
No recommendation
Do not drink and drive.
Do not drink and trade (o:
A bullish scenario for DIATake profit level: $333.
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.
DIA....Buy ...Broke the 15 min high so we enter a buyStratergy is to enter a trade when the opening 15 min High Low breaks..
NYSE - SwingTrading: updated WatchlistS tock Market reversed lower after key test, partially fueled by more worries about the economy
Apple (AAPL) plans to slow hiring and spending in some divisions next year which concerned traders yesterday.
Monday's weak session was another reminder that many sellers and lots of overhead supply is still putting pressure on the markets.
What should Swing Traders do now?
Sitting in a healthy cash position with limited exposure to individual stocks makes the most sense at this point. When institutional money starts coming in again, that's when you'll see breakouts of stockos on our watchlist really working and following-through. Until then, sitting mainly in cash with only few pilot positions in your portfolio is strongly advised.
Continue to do your homework and be ready when the next bull market starts - which will definitiely happen sooner or later.
Here is the link to our updated watchlist:
www.tradingview.com
All stocks on our watchlist fulfill Minervini's Trend-Template criteria and are selected using IBD's CAN SLIM criteria. Also, they all have low risk entry points. Only the best stocks make it onto our watchlists.
DIA (UDOW) BreakoutDIA gave a breakout..tgt is given.also chances are mkts may turn up..so tgt may be exceeded
DIA Long term AnalysisIts in the 5th leg of C of ABC..once the trenline mentioned on chart breaks then the downtrend is over and it will go side ways..which should take a few months for fall to stop and go sideways
