WISDOMTREE MULTI ASSET ISSUER PLC WISDOMTREE S&P 500 3X DAILY SHORT ETFLSE
Description
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What do we see? Fundamental wise buying greed in the US and world markets looking to make a recovery without realising how much stimulus has gone into each country.
Technicals - we have a great monthly swing all time low - which has created a great base and imbalance we have targets from the "corona" drop - however we also can see a long opportunity to test this level and beyond. Our imbalance [orange] zone is a monthly target and [purple] is our weekly.
This fund works like 3:1 daily close - so if the market falls -1% - this rises 3% and inverse method of - US market rising 1% , this falls -3%
very strong risk reward here - just wait the zone to be broken to generate longs
note: check to see if this fund is available in your country