After Trumps tweet of raising tariffs, China's market is temporarily crashing.
YANG is a China Direxion Bear X3 ETF. The index is having great gains.
I expect it to reverse on Friday 10th / Monday 13th. Analysts still expect the trade to happen between China and USA.
At this point consider buying YINN (China Bull X3 ETF).
Other X3 ETF's to consider:
With the "trade war" continuing until the purported deadline of March 1, we can expect heavy volatility until then. The Chinese New Year is coming up on the fifth of Feb and Xi will want to reach a positive outlook before that time. As basically the entirety of China will go on holiday for 2 weeks, Xi will want the people to be at ease about future economic...
Leveraged ETFs can be used to increase the potential trading gains.
China index is overbought now and a short pull vack is due here.
This ETFs meet all of my setup requirements.
I just start built my long position.