Sunday, September 19, 2010

TNA Chart Musings Expanded


1st TNA RUN (based on R square):
START Tuesday 7/6: $SPX Daily 3LB went positive on 7/7, $SPX Daily Renko went positive on 7/7, $NASI went positive for 2 successive days on 7/9, $SPX MACD crossed up on 7/9, $SPX Daily 3LB MACD crossed up on 7/9.
END Wednesday 7/14: $SPX Daily 3LB went negative on 7/16, $NASI went negative for 2 successive days on Monday 7/19.

2nd TNA RUN:
START Wednesday 7/21: $SPX Daily 3LB went positive on 7/23, $NASI went positive for 2 successive days on 7/23.
END Wednesday 8/4:

TZA RUN:
START Tuesday 8/10: $SPX MACD crossed down on 8/11, $SPX Daily 3LB went negative on 8/11, $SPX Renko went negative on 8/12, $NASI went negative for 2 successive days on 8/11, $SPX Daily 3LB MACD crossed down on 8/20.
END Monday 8/23:

3rd TNA RUN:
START Thursday 9/2: $SPX Daily 3LB went positive on 9/1, $SPX MACD crossed up on 9/2, $SPX Daily Renko went positive on 9/2, $NASI went positive for 2 successive days on 9/2, $SPX Daily 3LB MACD crossed up on 9/3.
END Wednesday 9/15:

The Four Swing Trades always involved holding the ETF over a weekend.
ENTRY Confirmation worked well utilizing: 1. $SPX MACD, 2. $SPX 3LB, 3. $SPX 3lb MACD, 4. $SPX Renko, and 5. $NASI.
EXIT Confirmation was not confirmed well by these indicators.
Standart Landyacht at Floyd Bennett Field, Brooklyn, NY.

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