A New Channel is Starting

TNA initially went down today (a TZA KAGI BUY signal that was missed on Friday 11/27 because of improper formula entry on the excel sheet was located mid-day today...an ELT utilizing the Friday's extreme TRIN Demarker reading was integrated because TNA subsequently went up at the close). Four indicators signaled at closing time today:
R FACTOR JUMP SHIP, R FACTOR CHANNEL START, TNA HAMMER BUY TNA & TICK/TRIN CLOSE BUY TZA. The R FACTOR JUMP SHIP indicator signals that the ETF should be sold and the opposite ETF should be bought. The R FACTOR CHANNEL START indicator signals when a new channel is starting. It moves in conjunction with the R FACTOR JUMP SHIP indicator. The last two signals are conflicting.
Pelecanidae Pelecanus occidentalis Brown Pelican, Immature

Dubai Down Day: Buy TNA

Usual DISCLAIMER. The day was marred by the developments in Dubai and by increased margin requirements for leveraged ETFs. Two TNA Buy Signals flashed at the end of the abbreviated trading day: R FACTOR BUY TNA and TZA ABSORPTION EMV BUY TNA. Absorption is reviewed in Williams's excellent book on volume: http://www.esnips.com/doc/8ebeca88-7efa-49ea-841c-86e27f212b55/The-Undeclared-Secrets-That-Drive-Stock-Market#
The latter signal's formula is =AND(FD273>1.15,EY273100,EY273<(FA273+0.67*(EZ273-FA273)),EY273>(FA273+0.33*(EZ273-FA273)),FS273>0). Modifications include TZA daily ease of movement (FS), TZA candlevolume EMV (GO), and TZA daily volume/prior day volume ratio (FD).
1904 Cast Iron Kenton Elephant-drawn Cairo Express.

Sell TNA (updated)

Still in CP. Sold TNA at a small profit. In view of negative end-day TNA return, ELTs were added for VIX DEMARKER 2 TNA BUY, VIX DEMARKER 3 TNA BUY, and TICK TOP REVERSAL BUY TNA. Will stretch & rest for the holiday weekend after early AM rounds, just like an Anhinga. (She's really drying her wings).

Buy TNA (updated)

Later...See Disclaimer above. TNA prices strengthened at the close, causing the TNA FOSC to reverse a positve CP signal. The CP may or may not be ending at this point. If it ended today, we may be entering a yellow up channel. Three indicators signaled a TNA Buy: VIX DEMARKER 2 TNA BUY, VIX DEMARKER 3 TNA BUY, and TICK TOP REVERSAL BUY TNA. The formula for the latter indicator is : =AND(BA271<2.87,DD271<77,ABS(EQ271)>0.05,GS271*GV271<1.55,HT270>1,HU270>1.2,HV270>2,HW270<2.2,(ABS(HT271-HU271)<300),HV271-HW271>0). HT, HU,HV,& HW are the Tick open, close, high & low respectively. DD is the TRIN demarker indicator. EQ, GS,& GV are TZA FOSC calculations. BA is a TNA Klinger Volume Oscillator calculation.
Here's a Golden Fronted Woodpecker in honor of the Front End of a POSSIBLE Yellow Channel.

Beeline for this Book

Meropidae Merops orientalis: Little Green Bee-eater sighted at the Masada Great House, Israel, Feb 2008

VIX R Factor Continues to Signal CP

No other signals. Took TNA profits in AM. Will remain in cash.
Wilkin's 18.5 inch Cast Iron Firetruck

VIX R Factor also Meets Cut-off Criteria

See Disclaimer above. The VIX R Factor also meets cut-off criteria for a CP. TNA futures are up. Take the profit today and run like a bandit.
Cast Iron AC Williams 1926 Lincoln Touring Car "Gangster Sedan"