MrJohnRoss
Well-known member
If this market strength continues into the close, there will be a fairly large sell signal for TNA, and conversely, a buy signal for TZA. Not sure I want to short the market at this point, but it could be good for a short term (day or two) pop in TZA. Just keep in mind that TNA could continue higher for a few more days, even if it is overbought, so you want to be careful and not bet the farm.
If this market is going to behave like other Septembers in past election years, tomorrow should be the peak before the sell-off begins. Will this year be any different? We'll soon find out.
If this market is going to behave like other Septembers in past election years, tomorrow should be the peak before the sell-off begins. Will this year be any different? We'll soon find out.