Hey Red, I hear what you're saying about volume, but my take on the weak volume is that the lack of participation spells weakness. Also, the EW pattern today seemed much more corrective in nature, so one would suspect a turn down is imminent – http://willowtreetrading.blogspot.com/
Thanks Earl of. Perhaps you should have a TZA/TNA blog! This is the first time you have said that you think TZA might be up so finally I can sleep tonight!
Yeah, I spoke with her about it. We'll probably tag that level tomorrow, as they are pretty accurate. Don't know if we will break it or not, as that's the lower trend line on the rising channel in the 60 minute chart I posted above.
Not sure I give the full moon much credence. But you have been trading TNA/TZA much longer than I have so you probably have a better idea. What will we do when the government eliminates TNA/TZA? We will have no identity!
Hey Red, I hear what you're saying about volume, but my take on the weak volume is that the lack of participation spells weakness. Also, the EW pattern today seemed much more corrective in nature, so one would suspect a turn down is imminent – http://willowtreetrading.blogspot.com/
Thanks Earl of. Perhaps you should have a TZA/TNA blog! This is the first time you have said that you think TZA might be up so finally I can sleep tonight!
Thanks for the recap. I did not place any trades today.
interesting. Thank you! Maybe we will open there and move higher.
Yeah, I spoke with her about it. We'll probably tag that level tomorrow, as they are pretty accurate. Don't know if we will break it or not, as that's the lower trend line on the rising channel in the 60 minute chart I posted above.
I'll do my best 🙂
I love having you here… chatting about TNA stuff (wink). Just keep it fairly clean… OK? LOL
I'm not sure what you mean by a multi month reversal.
a monthly close (by this friday) above 1115.10 $SPX means the S&P goes up to new highs (above 1150) or reverses down and breaks 1045?
Red, Anna posted that she saw a fake print this afternoon at 109.79. Just an FYI.
Not sure I give the full moon much credence. But you have been trading TNA/TZA much longer than I have so you probably have a better idea. What will we do when the government eliminates TNA/TZA? We will have no identity!