Tuesday, March 1, 2011

Some Leveraged Inverse ETFs I've liked

 EDZ -nice base, and moving up today on volume

 EDZ 15 min positive leading divergence

FXP
 The trend is clearly up, today we get a bounce off support.

 Again, the 15 min is in a positive divergence-remember 15 min generally is a good time frame to see reversals.

TZA
 TZA has tested support and held, we ar seeing a nice move up today which may be the start of a leg up.

The 1 min chart is showing excellent confirmation.

I like all of these here, I'd like to add these positions and build them, not just to buy all at once, tops in the market are too volatile and we should always wait for confirmation before swinging for th fences, but as I said, I like all in the area.

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