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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (32661)	5/24/2012 10:59:59 AM
From: Mario :-)	1 Recommendation Read Replies (1) \| Respond to of 218772

You can see three day buy wiggles today in several market ETF's... the TNA, UPRO, and a sell wiggle for the TZA... there may be others, but I'm delighted to see those... also in the SP cash Index... Dang ti, yesterday I wasn't checking the charts for wiggles and looks like they are showing on the tape. I got 3, you already mentioned TZA and I also got RWM and TWM (short and double short Russel 200) The only thing I was not sure is, that 3 days outside reversal day. It does close at the low of the day, but open is high. I wasn't sure (don't have notes with me here) if that outside reversal also need open close at low of the day and form inverse hammer like candle or not. Since you called TZA as wiggle sell, this answer to me that RWM and TWM are also good wiggle sell patterns - all in all bullish signs ;-)