I held my TNA short that I put on late in the session yesterday.
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10:33 Covered 500 shares of TNA at 50.47 Gain $91.07. Still holding my 200 shares long TZA which is down only $37 at the present time.
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1:08 Shorted 500 TNA at 51.38. Covered about 5 minutes later at 51.29 for a 41.04 gain.
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1:40 The 51.21 support seems to be holding well on TNA; four out of the last seven candles have bounced off it.
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1:46 TNA broke support. My gut had been telling me to short, but with the way the market has been jumping up off any dip in price, I didn't trust to do it. Mainly because I didn't re-enter short at the top after taking my scalp gain at 1:08pm.
The market is actually acting normal (?) so far today. Odd for a Tuesday!
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3:38 TNA is just churning and chopping. I was holding on for a potential break down or break out, but it is 'dead in the water.' Moving average on my 15 minute chart is horizontal. Like I said, dead.
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4:00 Still holding my TZA long swing trade. No other shares held.
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1:40 The 51.21 support seems to be holding well on TNA; four out of the last seven candles have bounced off it.
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1:46 TNA broke support. My gut had been telling me to short, but with the way the market has been jumping up off any dip in price, I didn't trust to do it. Mainly because I didn't re-enter short at the top after taking my scalp gain at 1:08pm.
The market is actually acting normal (?) so far today. Odd for a Tuesday!
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3:38 TNA is just churning and chopping. I was holding on for a potential break down or break out, but it is 'dead in the water.' Moving average on my 15 minute chart is horizontal. Like I said, dead.
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4:00 Still holding my TZA long swing trade. No other shares held.
