Wednesday, August 11, 2010

A TZA AM Trade


TZA opened up big with a Demarker peak at 9:34AM & a TSI peak at 9:58AM. The Klinger Histogram went negative at 10:02 AM. The Demarker formed a trough at 10:26 AM. The MAs had a blue:red:green alignment. The TSI troughed at 10:26 AM and the KH started rising. The CSI formed a trough at 10:18 AM and then rose for 3 successive periods. TZA was bought at 10:30 AM and held until the 11:22 AM period (right after the TSI peaked). The crossing up of the Green MA over the Red EMA signaled an interim maturation of the TZA run.

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