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Gold/Mining/Energy : Gold Price Monitor
GDXJ 47.51-0.5%4:00 PM EDT
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Cogito Ergo Sum
Julius Wong
To: Julius Wong who wrote (115193)10/5/2021 9:19:08 AM
From: Sun Tzu2 Recommendations  Read Replies (1) of 116340
 
You can't do that kind of TA with long term leveraged funds.
The leverage erosion (or compounding) skews it out of whack.
You need to look at the underlying and then make your trade with the leveraged fund.
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