This is leveraged and volatile. This will go down three times the up move if we have a good market day for semiconductors.
Getting in at a good price is paramount.
Price has broken the upper trendline for now. There is also a double bottom.
Price is not quite overbought with RSI on 80 versus 70.
Price is over the top Bollinger bands.
No recommendation
Golden cross as the 50 is crossing up through the 200.
3 year high is 8040.00
Getting in at a good price is paramount.
Price has broken the upper trendline for now. There is also a double bottom.
Price is not quite overbought with RSI on 80 versus 70.
Price is over the top Bollinger bands.
No recommendation
Golden cross as the 50 is crossing up through the 200.
3 year high is 8040.00
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the ICE Semiconductor Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified. Benchmark: ICE Semiconductor TR USD