EDZ IS PUNCHING ITS WAY THRU THE ICHIMOKU CLOUD. IT HAS OUTPERFORMED TZA, TNA & THE S&P.
P.S. THE 3X BEAR ETF THAT ALREADY MADE IT THRU THE CLOUD WAS DRV.
DISCLAIMER: OPINIONS EXPRESSED ARE NOT TRADING RECOMMENDATIONS. ONLY THE INDIVIDUAL TRADER HIM OR HERSELF IS RESPONSIBLE FOR ANY MONETARY GAINS OR LOSSES THAT MAY OCCUR. PLEASE CONDUCT YOUR OWN DUE DILIGENCE. MARKET OPINIONS EXPRESSED ARE FOR ENTERTAINMENT PURPOSES ONLY. E SKEETERs ON THE STARTING LINE, 2004 NORTHWEST ICE YACHT REGATTA, LAKE KEGONSA, WI
PLEASE SEE RADRIAN6 COMMENTS ON TONY CALDARO'S BLOG: http://caldaro.wordpress.com/2013/12/10/tuesday-update-416/#comment-145161
WITH EACH SUCCESSIVE FRACTAL THEY EXHIBIT:
1. SHORTER DURATION IN TIME (THEY BECOME TIGHTER)
2. LESS VOLUME
3. LESS TENDENCY TO DEVELOP RED ELDER BARS ON DOWNSWINGS
4. LESS PRICE CHANGE
5. LESS SIGNIFICANT ELLIOTT WAVES