DIA ETF daily chart has the same look as the other main market indexes so a look at the Bollinger Bands gives another perspective. Thanksgiving was the last time that lower boundaries on the BB's were tested, going on four months ago. The middle BB is the 20 MA and this is participating as key S/R for the indexes in general this weekend. Tight BB's lead to violent moves up or down so watch in the days ahead as the BB's close in on each other as shown by the red ovals. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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