Watch The Tape

Something’s going on in the Leveraged Inverse Fund, JDST. 

It’s signaling us; ’Hey, look at me.’

Hourly volume increased late yesterday and into this session. 

The change stands out on the chart as we’ll see below.

Leveraged Inverse JDST, Hourly

Increased volume at the beginning and end of the session is normal for typically any market.

What’s not normal, is an increase in volume in the middle, or before the last hour of the session.

Two hours before the close yesterday, 3.8-million shares, or approximately $20 million in value was traded.

If that was important, we’re about to find out.

Also note the nascent trend over the past few hours.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279