DIA – Dow Industrials ETF (Last:125.76)

I’m adding this ETF to our list of vehicles to be shorted every blessed chance we get.  Although I cannot predict how things will play out Monday morning, two places to look for camouflage cover  are noted on the chart, respectively, at p and D.  The same offer I’ve made in conjunction with the QQQs applies: a free year’s subscription, including access to weekly tutorial sessions, to the first Pivoteer who signals a trade that survives for at least 24 hours. You will also receive a second annual subscription to be awarded to the recipient of your choice; and a one-hour private tutorial session worth $350.  To claim your prize, the trade must be initiated using a Hidden Pivot signal, and the signal must be disseminated in the chat room in timely fashion so that at least two others have been able to get aboard.  _______ UPDATE (June 19, 1:33 a.m. EDT): The weekly chart has tripped a sell signal at 125.47 (A=133.14, B=120.19), giving camouflageurs a green light to attempt getting short. Beware, however, of a possible bounce from 122.23, the pattern’s midpoint support.  _______ UPDATE (June 28, 10:53 p.m.):  A still-bearish big picture remains viable, but shorter-term indicators suggest the Dow is likely to move higher before it falls hard.  Under the circumstances, this vehicle should be shorted cautiously only at ‘d’ rally targets or, via camouflage, ‘p’ midpoints.  _______ UPDATE (June 29, 8:59 p.m.): Much as I’d love to short this flying sow right now, the lesser charts that we might use to do so are filled with menace. Perhaps Monday will bring better opportunities, assuming the Diamonds have traded outside of Thursday’s nervous range.