Trading Signals:
Longed TNA as instructed yesterday. This is a pyramid position (add into the current winning trade).
The gold short DZZ got stopped out today but the system will try to re-enter the short again. Place a buy stop at $5.22, stop loss around $4.61.
For the bond short, since TMV low today is higher than the entry price, so set breakeven stop loss and half out.
For the dollar short, since UDN low today is higher than the entry price, so set breakeven stop loss and half out.
Cobra,
I contemplated TNA at the close, but bought TZA instead. Looking for an engulfing candle and probably jumped the gun here.
What are your thought on TZA which is obviously countering the model view.
I don’t see Russel 2000 as bearish yet, although I believe a day or two up we’d see pullback. See maybe your TZA is OK.
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http://astrofibo.blogspot.com/2011/10/astro-october-25th-21h00.html