Friday, August 19, 2011

Weekly TZA








Kagi, 3LB & Renko all bullish for TZA. Price is trading above 30 week MA and much of the volume by price resistance. Green Elders have yet to penetrate Ichimoku Cloud, but blue MA=red MA, and the MACD Histogram & Aroon Oscillator are both positive. Equivolume chart rising on nice volume in association with a CCI>100 and a Bullish Aroon. Chaikin Money Flow went positive. Price trading above SAR and running up at top end of Keltner Channel.

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