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FAZ Sets Up

Added on May 20, 2014 by C. Maoxian.

FAZ (Financial Bear 3x) set up on the 5 minute ... tone was weak from get-go ... obvious by 11 AM you're favoring the short side ... looking for long set-ups in your bear funds (TZA  and EDZ both set up at 11:45, SQQQ set up at 11:00 but got flushed, etc.) ... third target for FAZ was 20.80, didn't quite make it there.

Tags trading, faz
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