I saw the change in character of $RUT:$RVX (was rising, now is flat), but don't much know what it all means. What does a short signal look like with $RUT:$RVX?
It's too early. $RUT:$RVX is not giving a “short” signal (yet). If $RUT closes outside the upper BB, I would be tempted to get involved with TZA at one minute before the close today. I should think we're going to have a real short squeeze coming sometime soon.
an interesting look @ the former general of the bull army GS
http://www.flickr.com/photos/47091634@N04/44043…
the TA enthusiasts see a bear flag, what they don't know is what is containing GS
ideal setup is a short at the intersection of the red & teal containment points
I sold my TNA below the R2 line.
So far, R2 looks like resistance. So far.
I like that. I thought you did.
Dreadwin,
I saw the change in character of $RUT:$RVX (was rising, now is flat), but don't much know what it all means. What does a short signal look like with $RUT:$RVX?
It is preventing the $RUT:$RVX from giving a sell signal. Very annoying.
If I had infinite money, sure 🙂
It's too early. $RUT:$RVX is not giving a “short” signal (yet). If $RUT closes outside the upper BB, I would be tempted to get involved with TZA at one minute before the close today. I should think we're going to have a real short squeeze coming sometime soon.
Would you scale into any TZA at this point?
He is probably thinking we have a short squeeze today as bears run for cover.
$RUT is less than 1% away from the BB. Your max upside on TNA for today is between 2-3%, assuming $RUT respects the BB (it nearly always does).
Carl went Long second unit /ES at 1119.00