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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Monday, March 29, 2021

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.


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