Friday, November 22, 2013

Adding To TECS (long) as well

TECS is  3x leveraged Short Tech, I've kept a trading position there, but I'll increase it a bit like FAZ.

I wish I had more time to show these charts.
 Tactical 3 min XLK (Tech Sector)

5 min XLK, note that it has been in a range during most of this divergence. These are the frothy areas in the market, the head fake areas, the 16k, 4k and 1800 areas.

 This is the entire XLK 10/9 cycle, every stage is there except 4 (decline) and that 60 min leading negative looks like 4 in knocking on the door.

TECS 3x short Tech... 60 min just as confirmation...
The 10/9 cycle in near mirror opposite

No comments: