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Forum - Direxion Daily Junior Gold Mine - JNUG   

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From: maybe (Rep: 75) reply to ninjaninjaDate: 03/15/2017 15:54
Forum: Direxion Daily Junior Gold Mine - Msg #1560Thread #673913984 (Rec: 1)
Re: slicing thru 5d, 10d ema's testing 21d ema. Re: beast.

Correct me if I am wrong, but, while I totally understand that if a triple leveraged ETF is slicing through any technical that the underlying stocks within the ETF are, so saying that is, if nothing else, a euphemism. But to say a triple leveraged etf is slicing through technicals is somewhat of a misnomer because ETFs are not in large part affected by buyers and sellers of the ETF itself.

I am not asking to nitpick what you said, I am asking to make sure I understand the ETF correctly.



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The money is in the movement, not the direction.



Reply to ninjaninja - Msg #2665928 - 03/15/2017 15:51

slicing thru 5d, 10d ema's testing 21d ema. Re: beast.
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