User 86999

UltraShort ETFs: At a Tipping Point?

You, sir, are the reason why TA gets a bad rap. Many have already pointed out the inadequacy of charting a derivative, and then not to mention, a leveraged one! Wow, double the mistake! You really do like leveraging.

Now, as to the salvaging the effort, RSI is still heading up. the SHS may actually be a triple top (I haven't checked the underlying index - I don't like nasdaq index), +DI is still above the DI, even though it's just about to cross, all averages, you show, are in their normal form. The only clever sign picked up by Mllambo is the developing negative divergence. I would keep an eye on this baby if I was trading QQQQ/QID.