This is going to interesting. The hourly chart for the Dow is rolling over from a money flow and all indicators. The only item that is moving up is the actual NYSE hourly tick data.
The daily chart of the Dow shows money flow and all the indicators have or are topping.
The reason the market was up today was that the dollar sold off hard today. This is going to be interesting to see which way this goes. If the dollar continues down then this spells strength in the equity market and gold. IF the dollar moves up in value ... this is going to lend some weakness in stocks and gold. Keep you eye on the dollar ... it will show you the way to trade stocks. If you feel game ... this might be a very good time to buy TZA and keep a tight stop around $10.75 to $10.85.
This is going to interesting. The hourly chart for the Dow is rolling over from a money flow and all indicators. The only item that is moving up is the actual NYSE hourly tick data.
The daily chart of the Dow shows money flow and all the indicators have or are topping.
The reason the market was up today was that the dollar sold off hard today. This is going to be interesting to see which way this goes. If the dollar continues down then this spells strength in the equity market and gold. IF the dollar moves up in value ... this is going to lend some weakness in stocks and gold. Keep you eye on the dollar ... it will show you the way to trade stocks. If you feel game ... this might be a very good time to buy TZA and keep a tight stop around $10.75 to $10.85. 
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