Tuesday, June 26, 2012

General Update, 2012/06/26

The general trend is still DOWN for long-term indices.  IWM is playing out a small rising wedge, which may bottom around 75.00.  After that, I'll be watching to see if this is the rounding point for the final, election time rampup before the next great pop.

Still holding TZA, looking for a 72.00 IWM exit point unless we recover sooner.

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