Friday, October 9, 2009
Buying TZA 3:45PM
Although a 2 bar upthrust was not confirmed, the daily FOSC and today's mean 2 hour signal line were non-divergent for TNA (both negative) & for TZA (both positive). Mean 2 hour EMVs for both stocks no longer revealed consolidation. Candlevolume-based ease of movement values for both stocks expanded from the very low levels of two days ago. The 2 hour mean Money Flow Index & EMV have been rising for TZA & declining for TNA for the past two days.
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