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 inves20on Nov 15, 2018 12:56pm

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Post# 28980926

Profit taking done

There is a reason that NG climbed over the last 8 days and is still way high even with today's profit taking sell off.
The rise will continue because of those reasons for the ramp up.
The EIA report next week will be a withdrawl due to Nuclear shutdowns,and that is the end of storage build. The next cold snap forecast will set the price higher again.
30 % day moves are not over yet, everyone who is selling to lock in profits will be done by today.
Friday is usually a opposite move of the report day move recently.
The Daily candle stick is not below the base of yesterdays open, the sell off has tested the open of yesterday and price is recovering on fundamentals

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