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BetaPro Silver 2x Daily Bull ETF T.HZU

Alternate Symbol(s):  HZMXF

HZU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZU 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 HZU 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 rises on that given day. Conversely, HZUs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day.


TSX:HZU - Post by User

Post by Stocksnchartson Sep 27, 2011 8:47am
226 Views
Post# 19087526

Nice Bounce!

Nice Bounce!

The yellow support line that I showed on the weekend worked perfectly. I mentioned yesterday when the yellow line was touched, and bounce expected. From current levels, I am expecting a decline again, and test of $27 area.

Excellent setup again on the short side!

https://cyclicalmarketanalysis.blogspot.com/

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