This is a leveraged product, which involves increased risk. Leveraged ETFs track assets and try to multiply their returns. For example, if a 2x leveraged ETF were to increase in value, that increase would be double an identical, non-leveraged ETF. However, if that 2x leveraged ETF decreases... Mostrar más Traducir
WEEKLY UPDATE as of the close of November 25
Fake out? Some sectors closed the week abore their resistance lines but the move was with a lack of volume
Major indices $SPX500$SPY$NSDQ100$QQQ are facing resistance from the downtrend and the 200 day moving average, what will Powell's midweek speech... Mostrar más Traducir
Well, the miracle happened, everything lined up: bad economic data (good for inflation), a more measured Powell, bullish seasonality, at least it should last until the next rate decision on Dec-14... Mostrar más Traducir
WEEKLY UPDATE as of the close of November 18
$XLE double top, is night coming?
Hello copiers and followers, here is my vision video below.
Where I see opportunities for next week:
Mainly in shorts in Energy $XLE$ERX$NRGU or its inverse ETF's $DRIP and shorts in the companies of the sector... Mostrar más Traducir