Monday, November 30, 2009
A New Channel is Starting
TNA initially went down today (a TZA KAGI BUY signal that was missed on Friday 11/27 because of improper formula entry on the excel sheet was located mid-day today...an ELT utilizing the Friday's extreme TRIN Demarker reading was integrated because TNA subsequently went up at the close). Four indicators signaled at closing time today:
R FACTOR JUMP SHIP, R FACTOR CHANNEL START, TNA HAMMER BUY TNA & TICK/TRIN CLOSE BUY TZA. The R FACTOR JUMP SHIP indicator signals that the ETF should be sold and the opposite ETF should be bought. The R FACTOR CHANNEL START indicator signals when a new channel is starting. It moves in conjunction with the R FACTOR JUMP SHIP indicator. The last two signals are conflicting.
Pelecanidae Pelecanus occidentalis Brown Pelican, Immature
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