Kuwl's Position Swings & Bullish Trenders

[kuwlness]

Look for one final test slightly below 1300 -- likely that ominous 1294 area. Odds are this will be your last large buying opportunity for the final push to the 1430 area. I'll be looking to go long TNA near S&P 1300 for the hefty 130 point push.

After the 1430 target is reached (if the reverse head & shoulders pattern plays out), then you'll want to go with TZA or SPXU and go heavy short the market. I'll keep everyone posted with what the likely scenarios are over the next few weeks, we should definitely have the direction towards the end of this month.

If we break 1353 before drifting lower, then just go long for the final push to 1430. GLTA