The small caps are forming a head and shoulders pattern and I am currently short with TZA. I am looking to add to my short if the price action drops below the neckline support.
Showing posts with label $TZA. Show all posts
Showing posts with label $TZA. Show all posts
Saturday, May 5, 2012
Thursday, October 6, 2011
4 Trades For A Bear Market - $NFLX, $TZA, $FAZ, $TLT
Bear flag pattern developing. Short on any failure .

Short ETF of the Russell 2000 index. This is triple leveraged. Trade with caution.

Short ETF of financials, triple leveraged.

This stock has been clawing its way up on bad european news. Price could come lower to support. Could be a great play once the bears return.
Sunday, September 18, 2011
Trade Ideas - $GLD, $TZA, $PANL, $DUG
$GLD - Could be forming a base as Friday there was bullish engulfing candle. This could indicate that gold will continue to trade up in this box. With the uncertainty and lack of agreement on the European debit issue, I see this headed ultimately higher.
$TZA - I see the $RUT topping out after several up days. I think this is a good short term play.

$PANL - This stock is on fire with almost no overhead resistance. I'm looking for more pullback this week and pouncing on it.

$PANL - This stock is on fire with almost no overhead resistance. I'm looking for more pullback this week and pouncing on it.
$DUG - Short oil & gas play I have mentioned before. It's trading in a range and right now oil seems to be in the top of that range (see $XOI index). I see this at support but I would sell around $35 or before.
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