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TZA Continuing up off fantastic technical action


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#1 K Wave

K Wave

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Posted 03 April 2013 - 09:32 AM

Potentially huge top in place on RUT now...as breadth continues to deteriorate, just at it has been since late January....

Still waiting for close under NYA 9K to seal the deal, but RUT horse looks to be already well out of the barn....summation starting to really roll downside now, after drawn out divergence with price.

All upside objectives for massive multi-year 3 drives to top in SPX have been met now, so this thing is free to start rolling it back over at any time now...

Look at TZA 5 min...beautiful long rolling bottom, then liftoff, perfect back kiss on an OPEN, then relaunch. Don't get much better. There appears to be a change in the wind, so those who do not adjust their sails accordingly may struggle, while others head downwind with a full spinnaker...


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