FNGU In Freefall

This monthly chart of FNGU looks ominous. There are only three trading days left in March, so we'll see where the March candle closes. 

Until buyers step back in, with sustained conviction, into the 10 technology stocks making up this exchange-traded note that tracks 3x the daily price movements on an index of US-listed technology and consumer discretionary companies (AAPL, BABA, BIDU, NVDA, FB, NFLX, AMZN, GOOGL, TSLA & TWTR), look for the FNGU selloff to continue in April.


Disclaimer: All of my posts (and charts) contain solely my own technical analyses/opinions/observations (which may contain errors or omissions) of a variety of markets and are ...

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