Friday, October 9, 2009

Buying TZA 3:45PM

Although a 2 bar upthrust was not confirmed, the daily FOSC and today's mean 2 hour signal line were non-divergent for TNA (both negative) & for TZA (both positive). Mean 2 hour EMVs for both stocks no longer revealed consolidation. Candlevolume-based ease of movement values for both stocks expanded from the very low levels of two days ago. The 2 hour mean Money Flow Index & EMV have been rising for TZA & declining for TNA for the past two days.

No comments:

Post a Comment