Oh $DIA-ear, Do Not Break 97.13! (DIA ETF Chart aka $INDU, Industrials)

DIA (Dow Jones Industrials ETF) is testing trend support (inverse rising wedge?) and the 50 day moving average at 97.13. If those levels are violated (they could hold), look at the chart and pick the next support level. The June plateau ($88) looks like big support imo. Also yesterday DIA saw a red volume day not seen since March. DIA busted through a rising wedge from the March lows. Relative strength is at 45.67 and MACD at 0.33. It is trading at 97.29 right now. Here is a large 9 month chart of DIA with wedges, 50dma, support, volume etc.

$DIA Chart Courtesy of Stockcharts.com