TNA decided on opening that it would breakdown. It dropped below the lower channel line, and was down for two hours before beginning what appears to be a retest of the lower channel line. 
TZA broke upward in mirror of TNA's breakdown. It rose for two hours, then began a movement toward a possible retest of the upper channel line. The market was down today on lower than average volume, indicating an absence of buyers rather than a surplus of sellers. The market is probably awaiting President Obama's speech, tomorrow afternoon, outlining his new regulation intentions for securities and the securities markets.
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