DIA

DIA closed at 314.37. DIA's structure during the drop last week is the worst of any large index. DIA is likely to slow down this week as well. If DIA can bounce near this range 314-306, we can see DIA also form a double bottom. However, DIA is likely to have the slowest and poorest price action this week. I would avoid any swings or daytrades on DIA for now. Price action should be better and easier to capture on other indicies this week.