Investors in the SPDR Dow Jones Industrial Average ETF Trust (DIA, Financial) are closely monitoring the ETF's pivot points, calculated using the DeMark method. Currently, the pivotal high stands at $395.99, while the pivotal low is at $388.53.
These pivot points are critical indicators for traders, as they often guide investment decisions. When the price breaks above the pivotal high, it is typically seen as a bullish signal, suggesting a potential upward trend. Conversely, a drop below the pivotal low is generally considered bearish, indicating a possible downward trend.
The movement of DIA in relation to these calculated pivot points will be crucial for investors aiming to capitalize on potential market shifts in the coming trading sessions.
