Factors confluence on $DIA - #stocks #index

Confluence of factors bringing indecision in the market; what's the next step?

Looks like everything is consolidating and compressing, taking a pause from the long term bullish trend; in particular, $DIA is sitting on a strong support from which it bounced off on the most recent flash crash of early February and another confluence is given by the approaching 200 days moving average. Lastly, a triangle is taking shape just to remark the consolidation phase the market is in.

What do you think is going to happen next?