Break of downtrend since 2021. Emerging market, leveraged.
Love emerging markets. They SHOULD be less cluttered with Bureaucracy!
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.
everytime rsi oversold we get a bounce maybe the next move is to 160 top of the channel>>>>>???? india is a growing emerging market longer term eh IMO
the overall pattern looks corrective to me... we are way oversold and at the bottom of a large channel... risk to reward is good for a long, IMO , good luck
I Think ETF will Complete A M Pattern Move Up as Arrows on Chart Show
Trade at 75 Buy to 80 Sell for Bounce Attempt Back in The Cloud. It May Fail before it hits Cloud.