Yang is showing a top. However China is in the middle of a huge crash, yet several people have alerted me to a top indicator. Lets look at the chart:
So far today, top graveyard cross, and all the indicators overextended. China has blood in the streets. People have been selling with both hands and both feet as there was a massive amount of margin calls. The gov attempted to step in and that didn't work either. And now today, this graveyard candle cross. Things could change by the end of the day, so check back 15 minutes before close. If I do get in this reverse ETF, due to the fact that there is a crash which could override technicals, I will be doing a half priced play, as in, half the money I would usually use.
Check back 15 min before market close.
Tradinginsider
Wednesday, July 8, 2015
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» We may be making a trade in YANG today...check back 15 min before close
We may be making a trade in YANG today...check back 15 min before close
11:03 AM
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