Replies to post #349 on Direxion Daily Smal Cap Bull 3X Shares (TNA)

[farooq]

System is still on short. I was able to lighten my position yesterday near the 102 area, Since I do covered call writing so I am a bit long covered some short calls yesterday and probably will be net long today if we close above 98.91 area and tagging 99.78 will increase the chance of trend change. Today trend change confirmation point is far away @ 104.42, It could move to that level I am not saying but seems difficult today. In coming days it will become lower price point.
Good luck and happy trading.