Wednesday, February 14, 2007

Wed. 2/14 DIA long


Identified 125.50 as a zone of support(daily 21 EMA support). Went long on break of downtrendline and 8/21 EMA cross. As with EEM, DIA is at the top of channel resistance, would be getting defensive here. If you did'nt get long yesterday or early today, sit on your hands and wait for better entries to go long.

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