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Tuesday, April 23, 2013

The Rally from Yesterday Can Continue Till April 25

We had predicted yesterday that the market will go up starting yesterday. As a trader if you bought TNA yesterday, you can make a nice profit today or  by Thursday.We do not care where the market is going as long as we catch the big moves . You should be able to buy TNA by 7:30 AM Pacific time
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See the charts of RUT, TNA, SPX & COMP. Once five steps down are completed the market reverses direction. Soon the big decline can start after the upside move is over. At that time we will get back into TZA.
The latest look at the charts indicates that IWM, RUT and TNA have all crossed the 15 day moving average today.






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