Will Let Things Mature

Mainly in CASH. Day traded TZA today. $NASI closed in red today. No Buy Signals yet for Bearish ETFs (e.g. TZA, SOXS, TYP, ZSL, etc) or Dollar (UUP).
Immature Yellow Crowned Night Heron, Grand Cas Airport Mangrove Pond Inlet, St Maarten, 11/10

When is Green a Go?

The dollar (UUP) has some favorable signs on the daily chart: CCI went up above minus 100, Twin Peaks AO Buy signal, and a rising TSI. What is needed? A RSQR Saucer, white KH, and CCI>100.
Green-throated Carib, Caneel Bay, St. John 11/97

Maybe Got a Little Yellow...Took Profits

Just returned. Took TNA profits Friday Afternoon and Commodity-related profits (including HL, AGQ, ANO, SOA, TCK, FOE, PAL, CPX, URZ & UEC) this AM. $NASI still positive. TNA DAILY & WEEKLY Charts still bullish, but a bird in the hand... Ultimately the Complex $NASI Top plays out and the market declines. Will sit mainly in cash for now...will need to decide whether to chase the rest of the MB-CT 2 leg or when to slowly start picking up TZA. The MB-CT 2 leg went alot further in April (see last post)...
Yellow Crowned Night Heron (the "Crab Crusher") while kayaking Etang de la Barriere, French Quarter, St Maarten, 11/10.

Up & Running

The Savoye Monoplane is revving up on the runway. The market & Monoplane should safely take off. Letting positions ride. Be back early next week...

Up, Up & Away: The Middle Bottom is In!

A Complex NASI Top is forming. Today's big up day for TNA formed the Middle Bottom on the TNA DAILY Chart. The $NASI went positive today. The Daily TNA TSI turned up. The TNA CCI went over 100 and a second RSQR saucer (this time related to a brief uptrend) will probably form tomorrow. The TNA price chart demonstrates the 1st complex top (CT 1) and the various low volume candlesticks associated with it's evolution. These include the "sucker's" upthrust and Buying Pressure and a Falling Pressure Candlesticks. It's Up, Up & Away for TNA until CT 2 plays out and the market goes down...
Dummy pic: Copyright - Ed Rothstein (NY Times)

Don't be a Dummy: The TEA is POISON!

Copyright - Ed Rothstein (NY Times)

ATR(14) to Identify NASI Top Type

The ATR(14) is dropping, so a Complex NASI Top is forming. The NASI was negative today as part of the 1st leg down towards the middle bottom. The TNA WEEKLY Chart is still Bullish. A RSQR saucer was formed on the TNA DAILY Chart today. These saucers can precede or follow the Middle Bottom.