$DIA !! THE OPPORTUNITY IS NOW!!!
Right now, $DIA is in a region that I consider to be a buying region.
Let me make it clear that I do not recommend buying or selling anything. I am just showing what is considered a buying region in fundamental technical analysis.
Right now, it is in a retraction in the region between 50% and 61.8% retraction.
Will it go up after that?
I don't know. In fact, no one is sure about anything in this market. I know that most of the time, after a change in trend, they wait for the first movement, which in this case was upward, and then wait for a retraction between 50% and 61.8% to buy.
Is the risk high?
The financial market is a high-risk investment. The chart does not always follow the patterns, but this region is where there is the greatest probability of profit.