Guys the Trigger for TZA is the 89 period stochastics,
not the 60 period, the 89 period never got close, refer to the watch list,
the chart says 89 period. TZA appears to be forming some kind
of wedge, resistance is the downtrend line as well, but it needs to
trigger and break, otherwise let the knife fall.
Personally I'm using the 60 min RUT for the TZA entry. MACD
crossover AND a break below the gap around 680 (from the
newsletter). I'll add the SlowSto89 as confirmation. Thanks
Matt
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SRS
Posted by piclez on 18th of Mar 2010 at 01:53 pm
Thanks
Nope, not trigger, not trigger
Posted by matt on 18th of Mar 2010 at 02:06 pm
Nope, not trigger, not trigger of TZA either, the 60 stochastics remain below 20%
here's the non-member stockchart URLs, just copy and paste these into your browser, then you can check anytime you want.
SRS
http://stockcharts.com/c-sc/sc?s=SRS&p=60&yr=0&mn=1&dy=21&i=p40483914157&a=192506558&r=3947
TZA
http://stockcharts.com/c-sc/sc?s=TZA&p=60&yr=0&mn=1&dy=21&i=p30486496850&a=194496973&r=4981
Actually the SloSto 60 on
Posted by erty on 18th of Mar 2010 at 02:09 pm
Actually the SloSto 60 on the TZA 60 min chart barely broke the 20 line and is now at 22.36 on StockChartds but no way I'm buying TZA here
Guys the Trigger for TZA
Posted by matt on 18th of Mar 2010 at 02:12 pm
Guys the Trigger for TZA is the 89 period stochastics, not the 60 period , the 89 period never got close, refer to the watch list, the chart says 89 period. TZA appears to be forming some kind of wedge, resistance is the downtrend line as well, but it needs to trigger and break, otherwise let the knife fall.
http://stockcharts.com/c-sc/sc?s=TZA&p=60&yr=0&mn=1&dy=21&i=p30486496850&a=194496973&r=4981
Personally I'm using the 60
Posted by erty on 18th of Mar 2010 at 02:23 pm
Personally I'm using the 60 min RUT for the TZA entry. MACD crossover AND a break below the gap around 680 (from the newsletter). I'll add the SlowSto89 as confirmation. Thanks Matt