Hype Down, Hype Up: DJIA

I currently own 3 components of the venerable Dow 30 index, so today is fine.  But the markets were driven down on China hype on Friday and up on same today.  Biiwii has some comments on this.

Viewing it straight as we tend to do here at NFTRH.com, a simple daily chart of DIA, which unlike the index itself, shows the downside hype gap from Friday.  Today it is rising to fill the gap.

The chart quite frankly does not look very good to me.  But Dow does not break down until the noted support breaks down.

dia

Just a little frame of reference for you.

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