Higher volumes in TZA for past couple of weeks. Possible: big rotation our of wild PE growth small cap into more realistic PE big cap, but maybe after that or at the same time also ETFs like TZA as an alt or temp leading to (or as insurance for) a big correction? This is a clear uptrend channel, where MACD, MFI, and RSI cooperating nicely. With all the head...
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...
Nice base as I posted yesterday! Is this a bull cross in MACD? Oh my GOD!!!!!
About to test the bottom of the descending wedge/broadening descending wedge. Usually on a third touch of a broadening wedge things reverse. I believe that we will Break out of this downward sloping wedge, and tag the 1.618 extension. Which happens to be at the top of this bearish channel. If for some unbelievable reason we fall through the floor on the IWM I put...