BGZ FOLLOW UP

Yesterday I brought you a trade ida in the ETF BGZ, a leveraged inverse ETF on large caps

In that post I showed you the long term outlook and the short term outlook that suggested a pullback and I gave some targets, In my JPM theory post, the market being up today would be good for buying pullbacks in equities like BGZ.

This was the pullback area, between the yellow and blue moving averages. If you like the trade, I would attempt to phase into it if your commission structure allows for that. Any intraday pullback is where I'd want to add.

The same can be said of EDZ and TZA.