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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

Post by Barolo12on Jan 16, 2014 8:37am
116 Views
Post# 22097898

My prediction FWIW

My prediction FWIWI think $4.50 represents some significant resistance for NG.  If we get a push above that today on a bullish draw number I will be inclined to head into D.  The markets tend to overshoot in both directions (go too low when dropping and too high when rising).  I think $4.50 it too high for NG so will be buying D.  Sold my U yesterday for a nice profit so waiting with cash to buy D.
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