Therealaleech

DIA - Diamonds could be a traders best friend

Long
AMEX:DIA   SPDR Dow Jones Industrial Average ETF
Only looking for the bullish swings. Preferably this heads back to the trend line/support line between 170-174. Still bullish until proven otherwise. Most of the notes are on the chart. Oscillators are headed lower from being overbought. RSI is headed lower faster than stochastics and MACD. ADX is headed higher agreeing with the downswing. BB aren't really playing a part right now.

Side note, hopefully the stops your in place on all other trades because yesterday was a long day.

Leave a note below. Comments and critiques ARE welcome and appreciated.

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