$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
It fell below the 200-day average. It's pretty dangerous.
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黒猫の憂鬱 OP : We are now on the brink of a backlash or not.
トリリオンネア : Excuse me for being a beginner. Does the 3x Bull average line really make sense?
黒猫の憂鬱 OP トリリオンネア : I don't think it's an indicator that can be ignored at all, even from past data. This is because stocks in the same sector move in the same way.
I think average lines, especially the 50-day average, are useful.
トリリオンネア 黒猫の憂鬱 OP : Thank you very much.
Since it is 3 times higher, I was worried that it would be biased in various ways during price movements, and I thought it would be better to look at SOXX, but as exactly as you said, the current movement has rebounded for a while. It was a learning experience.