US10 YR Treasury ETF: Bullish Divergence at PCZ of Bullish BatThere is RSI Bullish Divergence at the PCZ of a Bullish Bat that's Visible on the Weekly Timeframe. This may also signal the beginning of a moderate pullback within the DXY as initially, I expect the DXY to show a Negative Correlation with Rising US BOND prices.
Key stats
About Direxion Daily 10-Yr Treasury Bull 3x Shrs
Home page
Inception date
Apr 16, 2009
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
TYD provides daily leveraged 3x exposure to the ICE U.S. Treasury 7-10 Year Bond Index. The index is designed to rise when yields fall, making TYD a highly leveraged bet on falling yields. The exposure is reset daily, so holding the fund for longer could produce results that vary significantly from the intended 3x exposure. Management fees are of less concern, as a tactical tool, investors should pay extra attention to TYD's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Prior to May 2, 2016, TYD tracked the NYSE 7-10 Year Treasury Bond Index. The change is not expected to have a material impact on exposure or performance.
Classification
What's in the fund
Exposure type
ETF
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.