Leveraged ETFs / FAZ

There are some pretty strong signals coming in on some of the leveraged ETFs, for whatever reason, these often give earlier or stronger signals than their non-leveraged counter parts.

SRTY for example, the 3x short IWM / Russell 2000 is giving a very sharp leading positive divegrence on intraday charts and in good shape on others.

One I noticed was FAZ/FAS. FAZ looks to have bottomed on the 17th, it has a 1 min short term negative and FAS (3x long financials) has a 1 min positive. I think Financials see some upside tomorrow, it will likely be an excellent FAZ entry, although we want to confirm that , but more and more of these are showing the kind of signals that are jumping off the charts.

If you're interested, FAZ may be at a pullback/discount tomorrow.

I'll try to get some of the other examples up soon.