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Head and Shoulders formed in DIA

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SPDR Dow Jones Industrial Average ETF (AMEX:DIA)  
happykxu74  
AMEX:DIA   SPDR Dow Jones Industrial Average ETF
Trend Analysis Chart Patterns DIA djia djianalysis djiaprediction djiashort djiaidea head_and_shoulder headandshouldersformation
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trendanalysis chartpattern dia djia djianalysis djiaprediction djiashort djiaidea head_and_shoulder headandshouldersformation
Head and Shoulders pattern created in DIA chart on September 17th. Downward baseline/trendline formed between the 17th and the 30th of July. Idea is that the market drop from the Head and Shoulders pattern must break down through this trend line (minimum drop level) before a bottom forms from this play. Short Call.
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