DIA and XLB confirmed SHORT to test Bollinger Band and more

26. Apr. 2014

Blown 20 day moving average (shown) and important Algo lines on Weekly and daily charts (not shown) DIA and XLB are crowning... 3 points..on DAILY. often tops. MORE Market drop coming, but huge moves take a number of drops and pops as market churns, then,,, after a false run up... vicious down. See 2011. Based on the market fundamentals like QE free money and ridiculously low interest rates, that may not happen, but a test of 16K is coming and them a test of the 200 day MA at 15700ish.