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TZA Hourly Confirmation

|Includes:Direxion Daily Small Cap Bear 3x Shares ETF (TZA)

If Direxion Russell 2000 Bearish 3X ETF (NYSEARCA:TZA) posts an out-side up hourly bar within the next 15-minutes, then it provides additional confirmation for establishing a long position in TZA at this time.

This reversal bar is working in conjunction with the weekly reversal as mentioned earlier today.

Long TZA with a stop at 20.23


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Paul Mosgovoy, President: Three Ten Trading, LLC

Thank you for reading.

Disclosure: I am long TZA.

Stocks: TZA