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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Post by JustTwiceon May 03, 2013 10:55am

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Post# 21334952

bounce

Looks like a bounce is coming off the 50ma soon. Not sure where it goes from there 4.20 or rsi 50 would be max I think. Look to add more D there. I believe this will break the 50ma and quite possibly test $3 again should we see large injections and it looks that way right now. Does NG still have safe haven status after yesterdays swoon? That call effectively marked the top. Merril lynch said at that time to fade the rally prices will normalize at surprising speed. So far so true got to love NG

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