Friday, November 20, 2009

TZA update

Daily TZA



Key level for Daily BUY Signal is a close above 12.68






Hourly TZA



Added BWT color bars and Elliott Wave count with initial target




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3 comments:

Anonymous said...

ALLAN,

Any way some of us working stiffs can get in on your TZA system using ATR on daily charts?

Will returns be much lower?

Will compounding error be an issue on daily time frame?

BLUE COLLAR MAN.

Dirk said...

Allan,

I am wondering if you recommend holding TZA over the weekend or get off it today?

Curious...
Dirk

Allan said...

Dirk,

System says:

"Long TZA; Reverse and go Short at 12.30 or lower."