TZA is a leveraged short (inverse) ETF on small caps
TZA 1 min in a flat range.
TZA 2 min leading in a flat range
TZA 5 min looks very strong
Even the 30 min looks good.
Compare to the IWM -Russell 2k which is lagging badly today.
IWM 2 min leading negative
IWM 5 min leading negative
Same with the 15 min,
I'd say IWM will break soon and TZA will benefit.
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