TZA DOUBLE BOTTOM

See post below. Used Demarker to compare different time periods but similar patterns for the Nasdaq 100 and TZA. The Demarker hit bottom (i.e. zero) before $NDX & TZA finished their declines. The Demarkers for both $NDX & TZA bottomed a second time (astoundingly both at 10.43) before they rose up (green arrows) into a consolidative phase (pink). Their Demarkers both bottomed in the low 4 range during the middle of their respective consolidation periods. These periods were associated with alternating red & green arrow MA breakout buy & sell signals, absolute CCI values less than 100, small AO & KH teeth, a TSI line bouncing along zero, and R squared values mainly less than 60. The consolidation ranges both ended with declines in $NDX & TZA (red arrows). These drops trended on the R-squared (purple arrows rising to 90 range) and were associated with maturation of a downward Awesome Oscillator run (blue arrows). A double bottom reversal occurred for NDX.