As yen strengthens against other currencies, Nikkei ( Japan) took a big hit today and so did the Shanghai ( China) market. DAX is also ready to give a SELL signal.
SHANGHAI
NIKKEI
DAX
DJI will give a SEll signal if it goes below 15450
IWM will Give a SELL Signal if it goes below 103.35
Buy TZA to day even though we do not have a BUY signal yet
The above chart shows clearly how we used our trend following approach to make 25% profit recently with TNA.( See Last Chapter of our book)
NASDAQ will give a SELL signal if it goes below 3573
SHANGHAI
NIKKEI
DJI will give a SEll signal if it goes below 15450
Buy TZA to day even though we do not have a BUY signal yet
The above chart shows clearly how we used our trend following approach to make 25% profit recently with TNA.( See Last Chapter of our book)
NASDAQ will give a SELL signal if it goes below 3573
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4 comments :
Dr. Kapur--I really like this system . It's relatively safe and still provides a chance to make large profits regardless of market direction. Why the early buy signal on TZA? Based on a number of technicals I believe it's the right move, but as a learning experience I'm curious how you arrived at that decision.
Markets around the world are going down. When TZA moves, it moves very fast. So I wanted to be early rather than late. Of course , if RUT or IWM makes a new high, we will cover our position.We really do not have a BUY signal on TZA yet but it should be imminent.
Dr.Kapur,
Do you think it should take a stop loss for TZA?
I do not use stop losses . The specialists will get you everytime.
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