The chart above of the Dow Jones Industrial Index ETF (DIA) shows that each time the prices reached the upward sloping trend line a large bullish candlestick was formed. Bulls were very willing to buy the Dow Jones Industrial index at this trend line and were able to keep the upward trend intact. Similarly, bears were unwilling or unable to sell into the area of the upward sloping trend line, thus keeping the upward trend unbroken.
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