Friday, March 18, 2011

TZA Target for a Bearish Scenario


This is Tony Caldaro's scenario (see: http://caldaro.wordpress.com/2011/03/18/friday-update-234/): A wave 4 TZA pullback was completed today (equivolume square)...TZA wave 5 would start Monday (stock market goes down)in association with the TZA CCI going back over 100 and the Green Aroon staying above the Red Aroon line. Oil and commodities do their own thing...

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