Thursday, August 26, 2010

Holding TZA overnight








THURS AUG 26th
WAVE 3[iii]ivc-v1
TNA F2: 0
TZA F2: -3
ABS SUM: 3 NO NEW BLIP DETECTED (CONTINUE TO HOLD TZA OVERNITE)
TNA CLOSE: 33.58



PRIMARY 3
INTERMEDIATE 1
MINOR 3
MINUTE [iii]
Minuette iv/v
Subminuette c/1
The lower TZA open was the market rallying (Minuette iv Subminuette c) and then it was TZA time again as Minuette v began. Here was the set-up for Minuette v: The TZA Demarker bottomed at the open. The CCI crossed up above -200 in the 9:34 AM period. The TSI bottomed in the 9:46 AM period. The TZA AD line turned up in the 10:06 AM period. The AO had a twin peaks signal & the KH crossed up above zero in conjunction with a rising TSI in the 10:18 AM period and Minuette v began. The MAs & CCI jumped aboard between 10:50 AM & 11:10 AM, as did the AO, which crossed up above the zero line. The SPX Renko closed in the red again with a CCI of -135.96.

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