This weekend I started working on some new sections for the market lab.  I still have a lot to do, but I will work on it some all this week.  Right now I'm working on pages for some of the indicators that we use, here's a couple of examples, though I still have to add Videos to them.

NYSI Cumulative

NAAD Cumulative

I probably have about 20 - 30 sections to do (I've done 5 so far, but I'm only showing 2), so it will take at least the rest of the week.  Then I plan also to have them in a reference table, however the reference table will also have links to the detailed description.

Matt

This is an updated view showing the falling wedges that have formed on these inverse ETF's.  The KEY triggers for these funds will be a BREAK and HOLD out of these patterns (I have listed these resistance levels within the annotations on the charts).  

Please note that the indexes have yet to break down and "may" attempt another push higher if they are able to hold support near their respective 20 day MA's.  Thus, next week should be quite telling for the markets.  Do they muster one more rally or has the top already been established?  

The conservative way to play the above trade ideas is to wait for a break of the key resistance levels on each ETF versus attempting to pick bottoms.  Trade in accordance with your objectives while adhering to risk management.

Steve