Monday, January 9, 2012

Midday January 9 - Is it Time to Buy the Inverse ETFs?

Markets are trading mostly flat midday with the market averages trading up or down just a few points.  Continued talk out of the Euro zone of problems with sovereign debt seems to be acting as a weight over the markets a bit.  

I've been scanning through the inverse ETF charts and have noticed some RSI positive divergences showing up on both the daily and weekly charts.  Below are just 2 examples.





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