Monday, July 19, 2010
TZA Should Run Up More
The chart is busy with a variety of components:
1. TZA is plotted with Equivolume Charting. TZA's volume has been increasing and TZA has been displaying Power Boxes. see: http://instigator928.blogspot.com/2009/09/weekly-equivolume-candlevolume-charts.html
2. TZA peaks when the SAR dots are below it and there is alot of green above from the Chaikin Money Flow(CMF), Money Flow Index(MFI) & Force Index. This has not occurred yet.
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