This is a leveraged ETF, I think there is a decay although I believe it has a uptrend momentum.
keeles001
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@piscitear, Yes sir, its not for the fainted hearts. With the Leverage ETF, timing is your best option. I also believe we are ready to go at least 100% up, especially when you look at VIX and/or S&P
One-World
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@keeles001, true, I'm just not that ambitious, yet when looking at both VIX and S&P + what have happened recently, it'd be all about timing.
BobbyBanksX
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Would you share as to how you have came up with your ranges?
keeles001
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@TuParkShakur, The blue areas mentionned are based upon when strong buying pressure are involved and fail. They are areas of resistance