TNA

TNA is the 3X Bullish ETF on the Russell 2000.  It's the reverse of TZA , thus as TZA has tanked, TNA has surged.  For anyone that might be in TNA basis its most recent Buy Signal on February 12th, here is the Daily Trend Model with it's trailing stop shown. 

TNA Daily Trend Model

Note how far the Vortex Indicator lines are diverging, something I've noted before that is usually unsustainable, meaning a correction of some degree in TNA is probably in the offing.  Still, a nice chart that exemplifies a Daily Trend Model at its best.


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