Sunday, September 4, 2011
Weekly TZA
TZA Renko & 3LB remain positive. TZA may be ready to penetrate the Ichimoku Cloud. The TZA Elder is blue, and the MACD Histogram & Aroon Oscillator remain positive. This week's bar looks like Stopping Volume (long bar closing near high on increased volume). TZA backtested the 30 week MA on the Equivolume chart above the SARS. Force Index remains positive and the Wilder's ADX is trending.
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