March 5, 2009

DIA

Somewhat of a "pause" on 3/3 as there was a further small drop but on much less volume. Confirmation of bar 1 and 2 "trend" as there was an up move but on lower volume than bar 1 or 2 and volume was also below 20 day EMA. 3/4 close was at roughly the high of 3/3. Time to go short? Very short term support level at 3/3 low of 67.09? 3/4 close 68.77.
3/5 bm

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