BBOZ is leveraged and trades futures, A200 is not leveraged and trades the XJO. Best to familiarise yourself with it here. before trading that ETF imo. I did a small analysis of how the Nasdaq ETFs work here, Id say BBOZ would likely be similar.
The ASX will likely pull back from the 8000s at some stage, but as wave4 intimated above this might go against you in the short term, given the Uber bullishness provided by the US rate cut euphoria, and now Chinese stimulus, They seem to be buying everything up on in the ASX.
@ProfessorBen
A.D.D. imo. Hotcopper is probably a very important event every day and not to be missed.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-17858
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |