Super interesting spot here at support for TZA. Small caps have been melting faces, so interestingly TZA finds itself at support at the same time IWM is grinding up at resistance. Will the bulls keep pumping, or will the bears seize control?
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So far so good. Picked up a small position as the market may be rolling over. Too soon to tell for sure
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Aging well. We'll see what tomorrow brings. This could just be a shakeout and not a change in market structure. Stay tuned
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This set up actually more valid today than when I first posted about it. Touching the support line now.
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Picked up a sizable position as a hedge to my longs. Will swing into tomorrow.
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Perfect bounce off support. Up 2% today
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Moving again today on the 2024 dump.
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Another 5%. This hedge is crushing
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Slowly reducing position. Big win here, and don't want to get caught out when the market flips again.