Hold & Accumulate TZA...usual DISCLAIMER

We may be beginning a new TZA Price Channel. TNA Kagi went red. The DEMA (Double Exponential Moving Average) is more sensitive than the EMA or SMA to pick up momentum changes. Excel formula utilized is: =Rounddown(-1000*(TNA DEMA - TNA Closing Price)/TNA Closing Price,2). The result was -3.05 today (similar to a negative, red Kagi). The orange ceiling of the TZA price channel may be forming. Just need the TNA 3LB to turn red. TZA also had a FOSC related buy signal today.