$DIA Technical Analysis Review
$DIA has held up better than all other indices over the past 6 months, but the tide is starting to turn on it as well. We are finding strong resistance at the 20SMA on the weekly, and we are entering into a stage 4 decline.
I expect, AT MINIMUM, a test of the $295 level over the next few months. Now for this week, we have a hammer candle that could lead to a short term bounce.
More pain to come in my opinion - I am sorry. For long positions, stay patient as incredible opportunities will come to those who are patient.