Friday, September 16, 2011

Technology Bear TYP

I'm really liking TYP right here.

First take a look at XLK-Technology.
 This is a 30 min leading negative divergence, one of the worst I have seen so far.

 TYP, Technology Bear 3x as  I showed earlier today, looks like it saw tow head fakes and it appears both were aggressively accumulated.

 The head fakes happened over the last 3 days, exactly where we see accumulation on the 1 min chart.

The 15 min TYP chart is in a beautiful leading positive divergence. I like this one as a buy right here.

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