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.
POTENTIAL JACKPOT OF 62 NOT CROSSED CAN GO DOWN SIGNIFICANTLY.
We all know that Squeeze does not work well in GAPPING ETF's. Its always good to use the underlying. What IF you dont have the underlying chart. Here is a QUICK FIX. I am using the LAZY BEAR Squeeze.