Small Cap Indices Show Relative Strength in Both Directions

TNA (3 X Bull Small Cap ETF) held critical support at 40.00 to 39.80 into the end of the first hour of trading, and has since pivoted to the upside to 42.60/70, and poised to challenge its recent recovery rally peaks at 43.13 (12/28) and 43.27 (1/02), which if hurdled and sustained, will point immediately thereafter to 46.00. The Model Portfolio is long at 42.38... Last is 42.63

1 03 TNA 1145 GIF
1 03 TNA 1145 GIF
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!