Tuesday, March 6, 2012

DIA: Stopped Out

Ran the trend for over 20 points!!    I used the 26 EMA as the stop and there was a clear break on volume, which stopped me out.   It may be a shakeout but I don't think so as there was bearish divergence towards the end of the trend. Today showed the highest negative level on the MACD in two months.   

No comments:

Post a Comment