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
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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