Dow gets the bid during the selloff, trailing other indexes.
DIA stays relatively strong as money rotates into “old economy” exposure while other indexes fall more.
Even as the NASDAQ and S&P 500 fall sharply, the Dow “got a bid,” with only about a half-percent decline versus roughly 1.5% moves in other indexes. That supports the view that rotation favors DIA while tech-heavy indexes weaken.
"REPLAY - US Stock Market - S&P 500 SPX Price Projections & Cycle Timing"