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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by robd27on Mar 19, 2013 9:55am
130 Views
Post# 21149380

RE: We are going down

RE: We are going down

sorry, ti got cut off:

Natural Gas tried to break last year’s high at 3.933. We warned all last week that the market is becoming very over bought now and we do expect to see a top for the bull run here this year. We managed to stretch to 3.966 but held below our stop loss level of 3.405 keeping us short for the sell off down to 3.858. We can hold those shorts now looking for 8.847 today. We could continue lower and test the next support at 3.774/768. We would expect a low for the day here. Resistance at 3.933/966 should hold any move higher now but shorts need a stop above 3.405 for 3.413/414 as the next upside target.

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