Around The Horn...

... in several ways.

I need to review the status of my favorite ETF's, and warn about the possibility of a market pullback.

- SSO/SDS, Leveraged broad market index:
(60 minute chart) Bull rally trend broken today. Still above the rising 50 ma but below the declining 20 ma.
(Daily Chart) Bull Rally, rising 50 ma.
- FAS/FAZ, Financial Sector:
(60 minute chart) Bull rally trend broken today. Still above the rising 50 ma but below the declining 20 ma.
(Daily Chart) Bull Rally. Above the rising 50 ma.
- ERX/ERY, Energy Sector:
(60 minute chart) Bull rally trend broken today. Still above the rising 50 ma but below the declining 20 ma.
(Daily Chart) Massive Bull rally. Above the rising 50 ma.
- TNA/TZA, Small Cap Sector:
(60 minute chart) Massive Bull rally still intact. Still above the rising 50 ma but closed at the declining 20 ma.
(Daily Chart) Massive Bull Rally. Above the rising 50 ma.
- BGU/BGZ, Large Cap Sector:
(60 minute chart) Bull rally trend broken today. Still above the rising 50 ma but below the declining 20 ma.
(Daily Chart) Bull rally. Above the flattening 50 ma.

From $14 to $35.60, TZA has moved a lot. More than double... Wow! We have yet to recover the pre-election levels but the run has been exhilarating. I wish I had bought and held for the duration, I'd have done better even with a smaller investment. I'll catch it next time.

----

Now is a good time for me to sit back and watch. The market seems to be indecisive about its future (the next few weeks). Since the rally's trend lines have been broken, this might signal a change coming.