URTY seeks to yield 3X the Russell . The Russell has lagged the other major indices. This is probably because this is a big collection of small companies which are weaker in general and more suspectible to financial pressures like to cost of borrowing to finance growth and so on. This week the Russell is out performing SPY, QQQ and DIA. These leveraged ETFs...
tran stayed above it's 100 moving average on the weekly from 2012 to 2020, its giving up now on recovering back above it.
See my previous post... this is another opportunity to short if you missed the last signal.
SRTY hourly RSI still has a long way to go until support, and the sell signal has already been confirmed since RSI has dropped about 10 points already
Ratio between $IWM and $SPY reached important support. Maybe it has a little more down but the risk of a bounce here doesn't make the reward worthy. $SRTY position from March 3rd, at upper BB boundary and 1,618 fib,closed yesterday Cheers Panos