SP500
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0.58% 2,958.8 standard & poor's 500

Unfortunately the leveraged ETFs cannot be traded based on their...

  1. 5hareholder
    6,591 Posts.
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    03/06/20
    18:43
    Post #: 45016957
    Unfortunately the leveraged ETFs cannot be traded based on their own charts, rather you need to check the technicals of the index it is the proxy to. Reason is that the fund resets its leverage each trading day and this can create creep in the fund net value. Support/resistance lines on leveraged funds such as BBOZ, BBUS, BEAR, GEAR, GGUS are worth nothing outside of a 1d trading window.
    Value at posting: 2,958.8
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    lightbulb Created with Sketch.  Great analysis
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