JTS is close to a short signal, but not quite. It will remain cash. CCI however will flip from long to short today. This places the JT Comp 50% short TNA.
As many of you know, CCI rules can be used on any stock or ETF. It's comforting to see a solid buy signal today on TZA.
I'm moving to a 50% long TZA position while selling my XIV for a nice profit. My cautious 25% position turned out to be the wrong move. Remind me in the future when I'm feeling cautious to ignore my feelings. ;)
If you followed the XIV trade, congrats!!!! And good luck on the new short trade. See you tomorrow.