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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Post by valueplaysonlyon Feb 09, 2011 3:21pm
426 Views
Post# 18103985

Its being traded on technicals

Its being traded on technicalsWhen  INT  made its big  jump  it went from 11  cents to close at 19 cents the next day.  Then  the following  day    it dropped to 16 cents.  Then  on the  Monday    after the weekend  it  closed up  to 22 cents,  and the following day it ran to  45  cents.  Whomever is accumulating WANTS a pull  back  on lower volume today  and a close  showing     retracement.  Tomorrow is the  test  day. If it upticks   at close    it mnay be break out after. I  think  whomever is buying   will   end Fri day afternoon with a strong up  -tick  and Monday is  the run day.  Just a hunch,  not a big position  here,  but Its  fodder for testing my  theories.   GLTA.
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