Earlier in the week I pointed out that the 2x leveraged ETFs were seeing more action, better signals, etc than the 3x leveraged ETFs, I though it might be that they'd wait as long as possible on heavier leverage, especially with that choppy range which is tough on ETFs. In any case, I noticed the 2x leverage reacted more quickly and stronger than 3X and the long ETFs where damaged more than the short ETFs where improved, which also sounds like a "Waiting" situation.
Any way, as the Q's pierced the range, here's the reaction of the 2x long and 2x short (QLD and QID respectively).
QLD 1 min (2x long)
QID 1 min (2x short)
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment