BetaPro Silver -2x Daily Bear ETF T.HZD

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the inverse opposite of the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZD is denominated in Canadian dollars. Any US dollar gains or losses as a result of the ETFs investment will be hedged back to the Canadian dollar to the best of its ability. The Fund If HZD is successful in meeting its investment objective, its net asset value should gain approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day. Conversely, HZDs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index rises on that given day.

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BetaPro Silver -2x Daily Bear ETF

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Post by Stocksnchartson Jan 28, 2012 7:07am

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Post# 19460885

Silver to dip early next week

Silver is currently trading with striking similarity to early 2011. The identical sized timing and price boxes are matching up well with the current Silver market. There is perfect geometry using the price and timing boxes with an indicated target at $37.

On Monday January 30th, or Tuesday at the latest, Silver should start to dip hard short term even if it rises slightly first. Overall though Silver is anticipated to continue to rise in choppy trading through February.

HZD should surge up early next week for a decent move, but all of Feb looks weak for HZD.

https://cyclicalmarketanalysis.blogspot.com/

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