TZA 3 LINE BREAK

Jaroslaw Jac Weekly $SPX Chart

Char...Going Down

https://www.youtube.com/watch?v=A_3jWAN2b2g

Monthly S&P Fast Stoch, ADX and CMF on tract with 1st pullback of 2008 Bear Market

Jaroslaw Jac's cycle chart on stockcharts public charts

TZA Double Top Beakout on P&F

http://stockcharts.com/school/doku.php?st=double+top+breakout&id=chart_school:chart_analysis:pnf_charts:pnf_bullish_bo

TZA with Low Pole Reversal

From http://stockcharts.com/school/doku.php?st=low+pole+reversal&id=chart_school:chart_analysis:pnf_alerts: The low pole reversal is seen when a chart falls below a previous low by at least 3 boxes but then reverses to rise by at least 50 percent of the fall. The reversal implies that the supply that was making the prices fall has been absorbed and demand is taking over. The pattern is an alert that higher prices could be seen in the future. The ideal buy point would be on another reversal back down to be closer to the stop loss point. This would also set up a double top breakout if the prices reverse up and break over the current column's high.

ES FUTURES WITH MTI BUY (SUSPECT FAILURE AND TURNAROUND)

See prior posts (Three TNA MTI buys failed...its a Bear Market...suspect that the MTI Buy signal will work best for TZA...it did already once)..Suspect that the MTI Buy signal will fail for the ES futures and that the stock market will go down now.

TZA P&F Double Top Breakout

TNA Lower Low Trendline Break

TNA Lower Low Trendline Break:

Weekly TZA Breaks Up Through Ichimoku Cloud

Weekly TZA Breaks Up Through Ichimoku Cloud

Heikin Ashi Black Hammer Time

with RSI bottom:  we get a bounce.

The weekly $VIX:$TRIN Heikin Ashi >30

The weekly $VIX:$TRIN Heikin Ashi >30, suggesting a bounce. Would prefer a higher CCI though.