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IWM TNA Next Sell Signals Pending

Awaiting a break of this minor uptrend line for the next sell signal on IWM/TNA (Russell 2000 1x/3x ETFs) while a cross below zero on the 13/33ema histogram will help to confirm a sell signal. 60-minute chart:

IWM 60 minute March 23rd

IWM 60 minute March 23rd

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Mar 23, 2016 11:14am|Categories: Completed Trades - Short, Equity Market Analysis|Tags: , , |3 Comments

3 Comments

  1. dan123 March 23, 2016 11:33 am at 11:33 am

    Thanks for the update

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    • ETFguy March 23, 2016 2:53 pm at 2:53 pm

      Randy, looks like your trend line just broke!

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  2. bluemagic March 23, 2016 8:29 pm at 8:29 pm

    Hi Randy, I shorted TNA yesterday at the high due to the negative divergence. Would you please update us on the profit target? By the way, LABD and UVXY might be good entries now? Thanks and nice day!

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