$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
Looks like the pullback is hitting hard today for YINN, but this could be part of the natural volatility cycle we expect with leveraged ETFs. Calls are still heavily traded, showing that many are betting on further upside, especially with China set to reopen on October 8th. That said, it’s important to stay cautious—these swings can go both ways quickly. Hopefully, we’ll see a rebound once liquidity flows back in after the holidays, but be ...
Looks like the pullback is hitting hard today for YINN, but this could be part of the natural volatility cycle we expect with leveraged ETFs. Calls are still heavily traded, showing that many are betting on further upside, especially with China set to reopen on October 8th. That said, it’s important to stay cautious—these swings can go both ways quickly. Hopefully, we’ll see a rebound once liquidity flows back in after the holidays, but be ...
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Definitely a tough day for YINN, but I think a pullback was expected after the recent surge. With Golden Week impacting liquidity and fewer mainland buyers, it's not surprising we're seeing a dip. Once Chinese markets reopen on October 8th, we could see more buying pressure return. Hang in there—volatility is just part of the game with leveraged ETFs like this!
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