$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US...

$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$ this is one of the best bets on interest rates and direction. as soon as that fed cuts a quarter this is going to start the skyrocket I think you'll see it back to a hundred + within about a year and a half time frame. you can trade the intraday bounces based off of the short-term treasury movement but the you know 42-48 is a big percent gain in the past week and a half but you have no concrete facts it literally is going to be trading off of PPI CPI all of the data that comes out which is not correct by the way because they always revise the prior month you need to have the confirmation of the actual cut because once there is a cut of a quarter it creates a trend that's going to be continued (regardless of who is in office in January If the Fed truly is nonpartisan which I don't believe ) nevertheless  interest rates will still continue to decline they won't go back to where they were but if you see a 50% retracement in interest rates this is well over $100 probably closer to 150.. below you see two charts I had to take a picture because the charts on moomoo are not correct. so you'll see you five year in the first and a 3 year in the second the five year discount that one but that just shows the magnitude of the decline of this ETF the 3 years more realistic in terms of what a 50% retracement would yield and where this ETF potentially would go to.