Here are the charts for IWM & TNA
If you follow Chapter 5 of our book on strictly technical basis, we had a Buy signal on IWM & TNA on June 28 when both IWM, RUT crossed above 15 day moving averages.That was also a signal for selling TZA. We make mistakes when we start looking at the fundamentals.
DJI & SPX & NYA & Dow Jones Transportation Averages have not gone above their May 22 intraday highs yet. Unless it happens soon we may be headed towards SEll signal soon. FTSE, DAX and most European stocks have not gone above their My 22 highs. In fact european stocks will lead us lower soon
DJI
SPX
NYA Above
DJT
DAX
CAC
NIKKEI
If you follow Chapter 5 of our book on strictly technical basis, we had a Buy signal on IWM & TNA on June 28 when both IWM, RUT crossed above 15 day moving averages.That was also a signal for selling TZA. We make mistakes when we start looking at the fundamentals.
DJI
DJT
DAX
CAC
NIKKEI
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