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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 manxcanon May 23, 2018 11:04am
32 Views
Post# 28069379

Absent of trend

Absent of trendAbout time we reach a point I can buy Dgaz again. In at average cost 22.27, holding 16000 so add 25% or sell all and remain absent. Real nice bounce Friday to Monday and escaped the overshoot on U pushing Dgaz to today low.

My concern remainss the forward month August futures priced higher than the July flutes. I do not expect breakout but possible very high injections commence to fill the gap on storage before summer. Only reason to trade D. U has been the sleep Ezekiel trade.

D needs to reduce on weakness and for a rare day has got an early Am support off day low. 

Glta Cheers Manxcan
Bullboard Posts