Sunday, 2 May 2010

Russell 2000/TZA





The square of 360 also seems to be significant on the small cap index,the Russell 2000.361 trading days from the Novenber low caught the high.I started the square at 360 and ended it at 720,both natural Gann levels,rather than taking the extreme low.
TZA is the 3x bear fund,and should be very profitable if the bull phase is over.
labelling on bottom chart should read "looking for higher low"

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