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SPDR Dow Jones Industrial Average ETF
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DIA $392 PT Sep '24 (Repost)

Oleh ARX713
Reposting my DIA $392 target price for September (my previous chart was too messy). It's been in a very consistent channel all of 2024. This means SPY should continue lower towards the $500 level through this week. We will need to see DIA hold the $392 level and SPY to stay above $500, which I think is very likely the case as we go into rate cuts 9/18. The rate cut on 9/18 will very likely add much needed boost to equities to go back to highs before a full on market crash.
Chart PatternsDIADOWFOMCSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)
ARX713

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