$DIA is showing weakness after a sharp sell-off and is now consolidating below the 20 EMA and under the descending 50 SMA. $DIA has rejected the rising intraday trendline and failed to reclaim the 0.269–0.270 area, keeping the short-term structure bearish.

As long as #DIA stays below the moving averages, downside continuation toward 0.262–0.258 remains likely. A clean break above 0.270 would invalidate the short bias and suggest a deeper recovery instead.