looking for a reversal to the upsidethree reasons for belief this might turn upwards
1. price far below the 100 period moving average
2.divergence between price and macd
3.oversold on the rsi
looking for W's to form and establish a support line
Key stats
About BETAPRO NASDAQ 100 2X DL BL ETF NEW SHS ETF
Expense ratio
2.69%
Home page
Inception date
Jun 17, 2008
The fund seeks investment results that correspond to 2x the daily performance of its underlying index, which represents 100 of the largest NASDAQ-listed non-financial companies. The funds investments may typically include American Depositary Receipts (ADRs), common stocks, ordinary shares, and tracking stocks. The fund is selected using minimum listing, size, and liquidity requirements, and weighted by market capitalization. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
What's in the fund
Exposure type
Miscellaneous
Cash
Bonds, Cash & Other100.00%
Miscellaneous58.03%
Cash41.97%
Displays a symbol's price movements over previous years to identify recurring trends.