New Low and Major Downtrend (DIA)
- 370 was the top of the 13-year bull market
- The troubling sign appeared when breaking down the neckline 340 after the head-and-shoudler patten
- Failed to retest 340 on August 15 formed a reversal pattern that is the final warning for a big trouble
- Due to a lack of support down below except 267 (weak support), the major downtrend could reset DIA back to 183, its second support
- It means -50% down for DIA and a total wipe-out of all gains since 2020
- The troubling sign appeared when breaking down the neckline 340 after the head-and-shoudler patten
- Failed to retest 340 on August 15 formed a reversal pattern that is the final warning for a big trouble
- Due to a lack of support down below except 267 (weak support), the major downtrend could reset DIA back to 183, its second support
- It means -50% down for DIA and a total wipe-out of all gains since 2020
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.