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

Bullboard Posts

Post by robbie25on Oct 22, 2009 11:20am

278 Views

Post# 16412563

Techinicals for NG (intraday)

Here's the technicals from today's Schork Report....I'm not much of a technical guy myself, so don't bother asking. Although this guy is very accurate. Yesterday, his intraday technicals for crude were scary accurate...I didn't make any money because I don't generally play just on TA alone......but if I had, I would've done pretty good.

Anyways, he says Support is at $5, resistance is at $5.194. Any offers below support, or bids above resistence will clear a path to $4.87, and $5.32 respectively. If both of those are breached, that clears the way for $4.47 and $5.55

Bullboard Posts

Visionstate set to leverage success in the U.S. market