Thursday, October 29, 2009

ELT modification of TNA High Volume Buy TZA & TZA FOSC Indicators

An ELT was added for yesterday's false positive readings for the above two indicators. The ELT utilized was a value cut-off set higher than the extremely low TNA Demarker value that occurred yesterday. Meanwhile... both TNA & TZA developed non-trended (i.e. no signal) Haramis today. The TRIN DEMARKER BUY TNA signal is positive today, suggesting that TNA is a buy. TNA prices have been pulling back since 1:40PM. TNA prices should be continually monitored this afternoon before buying TNA prior to the market's close. Indicators that turn positive during early trading hours can go negative as the day progresses. Other indicators can turn positive.

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