TZA

Kagi remains bullish for TZA. 3LB has been bullish for TZA since 7/27. TZA also had a Double Top Breakout on 7/27 with a target of 52. TZA is trading inside the ichi cloud. MACD, MAs and Elder bars are bullish for the ETF. TZA broke out of consolidation on the equivolume chart and is now trading above the 30 week (138 day) MA. Target is around 46.

ESU Trend Up Confirmed

$SPX Fibonacci

Weekly $TRIN

Weekly Kagi & 3LB are both bearish for stock market. Renko went bearish for stock market on 6/1/11, but bullish for stock marker on 6/7/11. Ichi is neutral.

BZQ Watch

UCO Uptrend Confirmed

see: http://instigator928.blogspot.com/2011/07/uco-time.html

UGL

INPH Follow-up

Daily MTI still on Buy. Today had a concurrent 3DE and DeMark 3 Rising Closes. see: http://instigator928.blogspot.com/2011/07/inphs-demark-box-was-preceded-by-3-day.html

DRCO

Picked up by 3DE then DeMark 3 Rising Closes Screen.

Weekly SPX

DRN

Top chart is Darvas Boxes (blue circle is a Buy).

UCO Target by RSI, P&F, Fibonacci and Volume by Price

Daily UCO Kagi went Bullish today...

TNA

UCO Watch

GLL's Confirmed Trend Up, MTI Buy & 3DE

ATX: 2DF, 3DE, then DeMark

The 2 Day Flip Reversal (2DF) is also described in Hill's book. The 1st day of the flip occurred on high volume in association with a rising ATR. The 3DE was associated with a drop in the ATR, a bottoming of the TSI (pink arrow) and loss of the RSQR downtrend.

INPH's DeMark Box was Preceded by 3 Day Equilibrium (3DE)

3DE is described in John Hill's Book, "The Ultimate Trading Guide:" 3rd day range greater than 1st two days' ranges; 3rd day low higher than 2nd day low; 3rd day close greater than 62% of 3rd day range. Day 2 and 3 of the 3DE were the 1st and 2nd days of the DeMark Rising Close Buy. These two patterns occurred while the CCI was still negative and three days before the MTI Buy Signal flashed.

TNA