% | $
Quotes you view appear here for quick access.

Direxion Daily Small Cap Bear 3X ETF Message Board

  • xxx3575 xxx3575 Feb 1, 2013 6:58 PM Flag

    TZA - Finally got it...10,000/@10.78 here is why..

    This is how it looks. Lets start from the 1074 "X" wave low Oct. 2011.
    1422.49 April 2012 = "A" of next ABC, 1266.74 = "B", 1474.52 Sept./2012= "C" to complete the second abc up from 1074 low.
    1343.34 low Nov./12 is second "X".
    Then 1448 = "a", 1397.77 = "b", 1467.88 = 1:c, 51.59= 2:c, now completing 3:c, 4 of c back to 1467 to 1475 zone, then wave 5 up to 1540 area to complete the flat correctional leg...that big leg can be an "X" or a "B". The exact number of a true flat would be 1553 spx, but they are never exact. To get within 20 points on a leg of this size would be exceptional.
    Then we get another abc down, or a powerful "C" down to 666 area.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
28.85+0.08(+0.28%)Oct 21 8:00 PMEDT