INDL chart in a glimpse, on special request from some friends who have exposure in this Direxion Daily MSCI India Bull 3x Shares (INDL) Find below the fund summary as from their website: The Direxion Daily MSCI India Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI India Index. There is no...
INDL has reached strong support with a great chance of recovery. Wait for confirmation for uptrend and should be an easy 5% return. RSI is extremely oversold.
India is bouncing at a key market level today. Aggressive traders can get long immediately. Patient traders can watch for a signal next week. These emerging markets gap a lot and often leave traders wondering what is happening. Trend analysis and risk management makes our life a lot easier here.