$Direxion Daily Mid Cap Bull 3x Shares (MIDU.US)$on a daily moving average right now we are at an oversold point if you look at weekly which is a better picture you can see it's been trading in this channel going back for many many months so those who are looking for a index basket to buy into on a relative oversold basis that has a nice trend that to me will repeat itself again here it is staring you in the face.