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November 11th, 2022: DIA (DJIA-30) Chart Update

Posted by pugsma on November 11, 2022

5:15 pm: The DIA (DJIA-30 ETF) came within a whisker of fully confirming it’s P2-C3 low at 286.62. The DIA closed at 338.37 well above it’s 200-day SMA of 325.54. However, the 200-day 200 SMA ticked own today slightly from 325.56 to 325.54, it is not quite upward sloping. It should turn flat next Monday and then move upward.

Also moving above the August high of 343.09 would be further confirmation a new bull market P3-C3 wave.

DIA daily chart:

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