I have an order in to sell my TNA at 65.78 and unless the markets should do a complete about face into the close, there is a chance my TNA will get scooped up.
I started putting this sell order in last week and will continue to do so until this target is hit.
The last time I sold out, the market rallied on. Possible the same thing will happen again. Time will tell.
Added at about 4:25pm
If my TNA shares had been sold today, then I’m 100% sure the market would rally on for days and days. That $VIX:$VXV chart that I put up a while back has me wondering now if maybe I should have dumped them when the RSI on the 60min chart of IWM pushed up to 76 on the 1:00pm candle. Hmm.