TNA & TZA 2h Chart Comparison

The top chart is the current 2 hour TZA chart. The bottom chart is a 2 hour TNA end-July reversal chart. Both charts had consolidation periods (blue rectangles with absolute CCI values less than 100). The TNA consolidation period (bottom chart) was preceded by a Price-CCI Divergence and a bottoming of the TSI & Demarker. The TNA consolidation was initiated by a Stopping Volume Bar on higher relative volume (olive oval).
Oval/volume Key link: https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPzOBY_8AERH6TerqPNC6SINojlbsfMTWvNBWjC3p7yWwvg-H-5c12sjiKl8NDMDvnHi7KXB_kB-ByVl1QUxFh0BS9k5ZtZhqixZS6Z7ULWx75OzYQEj5AxN6fpIcvo0s00QZ-V_ATc0Y/s1600/OVALS+3.png
The TNA consolidation period was also flanked by light blue absorption ovals (big boys buying up stock). TNA subsequently ran up in conjuction with a positive CCI, green AO & white KH. The CSI rose (yellow line) which suggested trending & volatility [see; http://instigator928.blogspot.com/2010/08/think-or-swim-csi-k-calculation-114286.html]. The R square also rose. The latter suggests that prices were correlated with linear regression values & thus trending in the established direction. The chart suggests that the R square flattens during periods of absorption and reverses after upthrusts.
The TZA chart also demonstrates Stopping Volume ovals (the skier is slamming on the brakes) followed by 11 periods of consolidation. The latter was also preceded by a bottoming of the Klinger histogram, Demarker & True Strength Index, along with a Price-CCI divergence. Absorption is also noted during the consolidation period. The CSI & R square haven't gone up enough...yet.