PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

December 23rd, 2022: DIA (DJIA-30) Chart Update

Posted by pugsma on December 23, 2022

10:40 am EST: The DIA (DJIA-30) ETF is the one index that broke above it’s August high in November and has confirmed the P2-C3 bottom in October at 286.62. The recent drop from 348.22 to 325.65 has been a near perfect back-test of the flat to slightly rising 200-day SMA (324.68).

There are some ‘old school” technical analyst that believe the DJIA-30 “leads” all other indices. So it’s one to keep an eye on. Thus, I will keep updating the DIA charts during 2023.

DIA 60-min chart:

DIA Technical Analysis

DIA daily chart:

DIA Technical Analysis

Sorry, the comment form is closed at this time.