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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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 dooklaron May 30, 2023 4:39pm
125 Views
Post# 35471064

Short

ShortNot gonna lie here it is looking like a good short at the moment HNU looks to be bouncing on this support at 12.67 ish on the 1d frame an to be honest looking like its gonna fall past it that being said i am not seeing stronger support till 2.10 now is it going to go that low ???? Whos ta say right - now when you zoom the time frame in of course we can see other support levels however if your trading on the 4h an 1d charts it would appear to me that NG is looking for a slide down under the 10.00 mark an maybe i am over projecting here an maybe not how this makes me feel is it is potentially a good time to start freeing up one edge to invest in NG. Summer an winter are just around the corner. Good luck to all remember the trend is your friend an nothing i say is trading or financial advice most traders lose money an consistent gains are not typical. 
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