$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
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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creative Lion_3468
commented on
Back on August 29th, I wrote an article describing Chinese stocks as being in the ICU—barely holding on, with valuations at rock bottom and investor sentiment deeply pessimistic. At the time, the market felt lifeless, and no one seemed confident enough to jump in. The uncertainty was thick, and it felt like the Chinese market was on life support. If you missed that post, you can still find it in my profile to understand the context ...
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creative Lion_3468
commented on
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ omg falling already today? 😭. all the gains are wiped out.
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