DIA (Weekly): The long-term uptrend remains firmly intact as DIA pushed to another all-time high, continuing to ride above both the rising 8-week and 20-week EMAs. Momentum remains positive with the PPO above its signal line and expanding, while the ADX is turning higher, suggesting the recent advance is strengthening rather than fading.

Although the ETF is becoming somewhat extended after its sharp rally, the bulls remain in control as long as price holds above the rising 8-week EMA. A brief pause or pullback would be normal, but the primary trend continues to favor higher prices unless key moving average support begins to break down.
Wishing you the best,
Wendy

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