Thanks for you input dickiebribbles. If SPY pulls back to 167 where do you think TZA would be at if that happens ? I am still hold my heavy postion of TZA at 25.24. Hoping a pullback will bail me out. Tell me how it is sir.
TZA trading is based on the Russell 2000 index smallest companies but your instinct that it moves with the S & P 500 and SPY to a lesser degree is correct. Most Alogo manipulation platforms work 100 symbols at the same time. Major index's are being manipulated by many platforms at the same time. Put the three symbols on the screen at the same time in the one second view and you will see it.