Tuesday, April 16, 2013

100% Short TNA

The CCI is flipping back to short.  The JTS remains short which moves the JT Composite back to a 100% short TNA position.  I will pick up a small amount of TZA position on the close.  Feels like there may be a bit more upside left so will keep some cash in reserves.  Thanks!

2 comments:

  1. yea, I, too, could cast this thing either way from here. chart-wise we should rollover from this level... but they're trying to keep things afloat by calling in shorts and increasing margin requirements. That'll backfire, eventually.

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