Night_Trader

DIA - Bat Pattern and possible reversal before a second leg down

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BATS:DIA   SPDR Dow Jones Industrial Average ETF
1
There is a Bat Pattern coming up in the DIA.

I expect a reversal at the .886 retracement and then another leg down. Should price build a trading range above the .886 level and before reaching it, prices will probably break through it and into the support zone.
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