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|Includes:SPDR Dow Jones Industrial Average ETF (DIA)

Is the 'diamonds' living up to its name?

This pattern is a reversal pattern (bad for bulls), but I have often seen it touted and then fail to live up to anything (good for bulls).

Now, according to market managers in high places what is good for the bulls is good for everybody. Will the diamond actualize or fail? Can they control fate or is that an old wives tale?

Stocks: DIA