“Investors looking to buy Diamonds should enter a good till canceled limit order to buy this ETF if it drops to $161.40, which is a key level on technical charts until the end of February. Investors looking to reduce holdings should enter a GTC limit order to sell this ETF if it rises to $177.66, which is a key level on technical charts until the end of March. The downside risk is to $145.61 for the remainder of 2016,” adds TheStreet.com.
Top holdings in DIA, which is price-weighted, include Goldman Sachs (NYSE: GS), International Business Machines (NYSE: IBM) and Visa (NYSE: VIA).
SPDR Dow Jones Industrial Average ETF