The weekly chart shows that price has come up against 20 and 50sma. RSI on daily chart could be a short term double top before more downside, shown in white box.
There were many good swing put setups today.
There were many good swing put setups today.
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An update to the idea - so far 24 March candle is an inside bar and it is possible the markets try higher again. DIA could retest recent high or push up to the daily 200sma. I might buy some puts near 346, but I will definitely have a stop loss in place. RSI is holding over 50 so I would like to see it turn lower by Monday at latest.