Category Archives: etf

Many things point to a high if not a top

This is my TNA 30 minute chart.  Looking at it 1. TNA stopped at the mid point of the Up Channel B 2. The inverted H&S from 41.55 to 49.92 = 8.37 should end at 58.29 and yesterday’s high was … Continue reading

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Spotlight on Dow

The decline continues even though today was an up day.  The range was only 14 points.  It was an inside day.  The close was 9 points from the bottom and 4 points from the top.  Any time SPX closes above … Continue reading

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Decline unfolds…..

The decline has just started and lets see how far it takes us.  Perhaps SPX  can take out 1291 ; and then 1266. or on the other side take out 1363 I am not in favor of that. (1) This … Continue reading

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