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Strategies & Market Trends : TRADING TNA and TZA ONLY
TNA 46.22-1.1%Nov 3 4:00 PM EST

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From: Fintas10/7/2014 11:43:03 AM
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A Bit more fodder.

So while many want the bull side with that TNA.

One should also note the RSI recently went to sell and 0's down.

So a 58.32 hit will not bode well for those hoping for up.

And if there is a rally, there's about 4.86 in it yet there's also a trend line that will cap it.

Again with my view of a SPX 1890/1836 coming.

And a bell curve avg of 35/22 coming.

The question then becomes.. 61 to 68 or or heck 72.. (the 68 is more likely)

OR 61 to 43.88 ( VERY LIKELY if that 58.32 goes)

A good trader can exploit either side.

Yet I suggest one take a peek at the pnf using both the 4.86 and the 1.62 for 3 box reversals and 4 years time lines to see the possibilities.

I have NO skin in the game re TZA or TNA.

Fintas
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