This afternoon I decided to try my hand at a brief day trade and see if I could work on getting my chip shots to land on the green, as in days of old.
This 15 minute chart of Direxion Emerging Market Bull 3X (EDC) seemed to have some of the True Strength Index (TSI) indicator ingredients in place for a favorable short term trade. Namely, a positive divergence and a trend line break BUY signal. My purchase was at $13.15 and a short while ago I sold the position for $13.55 in the after market. A modest 3% gain and a nice first outing.
My TSI trading record has been updated.