TNA (3x long small cap bull) Charts

The fill was $68.15 so the P/L was a loss of - 3.78% (of position, not portfolio).

 The larger intermediate charts are already negative so it just takes the short term ones connecting and this position is trouble so I'd rather be flat here or even add some more short exposure than carry this right now, I'll likely revisit this as a long, but ultimately it's in big trouble in primary terms.

 2 min chart in bad shape so the 1 min breaking down is not good news for TNA near term.

The 5 min going positive sending TNA higher for several days and in to distribution. The 5 min mark is my minimum in most cases for a trade signal.

On  a 4 hour chart we see in line or uptrend confirmation transitioning in to the first sign of distribution in to higher prices at the relative negative, but by the time we hit a leading negative divegrence, there's big trouble, although this is more of a primary trend. *Leading Divergences are almost always significantly stronger than relative divergences.