The SPDR Dow Jones Industrial Average ETF Trust (DIA, Financial) is nearing significant technical levels that could indicate its future direction. According to calculations using the DeMark method, the ETF has a pivot high of $399.83 and a pivot low of $390.98.
In technical analysis, when the price moves above the pivot high, it is generally considered a bullish signal, suggesting potential for upward momentum. Conversely, if the price falls below the pivot low, it is seen as a bearish signal, indicating possible downside movement. Traders and investors will be closely monitoring these levels to assess DIA's next trajectory.
