claydoctor

TZA makes the picture a little more clear

Long
AMEX:TZA   Direxion Small Cap Bear 3X Shares
0
Rotation our of high growth wild PE small cap into realistic valued big cap, but maybe also.... ETFs. With all the "head faking" going on in individual stocks, this uptrend clear channel for TZA with MACD and RSI right on the mark, makes me want to trust this more than anything right now. Well defined channel with a rising trend, and better volumes. Could this be the indicator of why the bulls with lower volumes can't push through these tops? Every time they try, TZA grows in volume.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.