$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Suf...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Suffered heavy losses, wasn't it supposed to be a bull market?
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101846593 : Do not buy until it drops below 32.
103407493 : all panic sell zzz
Richard CHG : The 300 index can still test 3700, with a 4% downside from today's closing at 3855, which is just a retracement of the 9.27 high. It's also the high point of May this year. There should be support here. But that doesn't mean it can't break through downwards, so we could see 3550, or even 3150. If so, these leveraged ETFs will drop more than their coefficients. The sharper the drop, the better, as sharp drop rebounds can pull back strongly. But if the range oscillates up and down next, these leveraged ETFs will be exhausted.