Stock to Watch - SPDR Dow Jones Industrial Average ETF (DIA) - Ascending triangle

in #stocks6 years ago

dia_d.jpg

The DIA is forming an ascending triangle pattern. I missed this trade as I felt the move would be to the downside four days ago. The MACD is just about to cross, but I want to see the DIA move above the resistance at $250 before I commit here.

I am on the wrong end of this trade as I am in the VIX believing that the move would be lower.

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