Both are flirting with important trend lines.... any breach in the near term could be significant.
BGU (Triple long Russell 1000) BGZ (Triple short Russell 1000)
BGU
May 13, 2009
March 24, 2009
SPY,QQQQ,DIA: Short term overbought.
No rocket science here : the US indices are overbought. All we need now is a decent pullback in order to have healthier advance up to the long term resistance line.
What the Nasdaq,S&P 500, and Dow Jones need right now :
QQQQ : Nasdaq 100 Trust Shares
QLD : Ultra QQQQ (Double Long Nasdaq 100)
SSO : Ultra S&P 500 (Double Long)
DDM : Ultra Dow 30 (Double Long Dow Jones)
BGU : Triple leveraged Large Cap Bull (Triple Long Russell 1000 Index)
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SIMPLE ETF
- QQQQ SPY DIA USO XLY XLP XLE XLV XLI XLB XLK XLU PPH TTH SMH UUP BHH FXE FXY FXC EWQ EWG EWI EWU IEV FXI EWJ EWZ EZA RJI DJP
DOUBLE ETF
- QLD DDM SSO UWM UYG UYM RXL DIG URE USD ROM UPW LTL UCO UCD ULE YCL
TRIPLE ETF
- BGU ERX FAS TYH EDC TMF
SHORT ETF
- UDN PSQ DOG SH RWM DDG SEF EUM EFZ
DOUBLE SHORT ETF
- GLL ZSL DXD SDS TWM SMN SKF RXD SIJ DUG SRS SSG REW TLL SDP EWV FXP EEV TBT PST CMD SCO EUO YCS
TRIPLE SHORT ETF
- BGZ ERY FAZ TYP EDZ TMV
Disclamer
- The opinions expressed on this site are made available for educational and entertainment purposes only. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance.
