The JTS signal changed to short after the close (occasionally this will happen with some prices not settling until 415p). With the CCI also short, the JT Composite now moves to 100% short.
AH prices are more favorable than closing prices so I will be purchasing some TZA in the next few minutes and will likely buy more tomorrow on any strength, whether it be a gap up or intraday.
Thanks!
Welcome aboard, J... glad to have the company. Same plan for me tomorrow.... then a little vacation. Check back w/ya next week.
ReplyDeleteAveraged in a TZA 17. Bed is made now I have to lay in it... :-/
ReplyDeleteJTS signal always seems like its about 1 day early? Thoughts?
ReplyDeleteI would not short this market, seems like it is going to test the highs of 1422. Anybody else thinks that????
ReplyDeleteI'm glad I didn't see the correction post at least for today.
ReplyDeleteIs your Composite still giving a short signal with this massive ramp to the upside?
ReplyDeleteThis short signal is terrible for sure!
ReplyDelete