I've been watching a couple of different setups take shape on various stocks and when the 1 hour chart of Direxion's Gold Miner 3X Bear ETF (DUST) showed me what I was waiting for, I bought shares at $28.65.
It's particularly nice to find a setup where more than one TSI technique BUY signal is active. In this case, there were three - the trend line break, the positive divergence and the ZERO crossover. Additionally, I am gravitating towards finding trend line break BUY signals that are defined not by just two points that provide a slope that is subsequently broken, but three. In fact, I have come across trend line breaks that include four and even five points and the outcome of these setups is quite impressive.
This is the chart of DUST just after I made my purchase. The second chart was made just after i sold my position. I could see that DUST was not likely to make much if any progress before the close so I just took my money and passed the shares off to the next trader.
My TSI Trading record has been updated.