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Post# of 32151
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Alias Born 08/21/2005

Re: None

Friday, 06/23/2017 12:31:21 PM

Friday, June 23, 2017 12:31:21 PM

Post# of 32151
A tale of 2 etf's.

TQQQ has now started to move up again after doing 5 waves up from mid May to early Jun with a gain of around 10.5%. Then it did the classic 3 waves down with M65 moving into MD (mark down). The start of what looks like the current w3 brought it out of MD and into AC (accumulation). Classic and easy to trade.

TNA on the other hand had about the same 5 wave up for a 13.8% gain, but produced a 5 wave down correction. Fortunately w5 bearly eclipsed w3, so no damage was done with an early entry (yet). M65 is trying to move back into MU (mark up) and is way behind TQQQ only being in w1.

TNA will give better gains, but it is so much harder to trade than TQQQ. Because of this, I have been trading the big 3 in about equal amounts. It seems each day, one of the three has a nice day and the other 2 mediocre. This has helped to really smooth out my daily performance.




Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal

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