Tomorrow I will be watching two ETF's for a possible entry on the close. TBT is the ProShares UltraShort 20+ Year Treasury that seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index. The weekly chart (chart 1) turned up on the highlighted bar. The market has pulled back on the daily chart (chart 2) but is still up on the weekly. I will buy TBT if the market closes on Tuesday above $48.79.
RSX is the Market Vectors Russia ETF that seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index. The weekly chart (chart 3) turned up on the highlighted bar. The market has pulled back on the daily chart (chart 4) but is still up on the weekly. I will buy RSX if the market closes on Tuesday above $32.86.
If filled on either or both of these positions I will publish the initial and subsequent trailing stops.
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Chart 1
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Chart 2.png)
Chart 3.png)
Chart 4 
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