Technical Analysis for ETQ - T-Rex 2X Inverse Ether Daily Target ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Pocket Pivot | Bullish Swing Setup | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Calm After Storm | Range Contraction | 1.75% | |
Narrow Range Bar | Range Contraction | 1.75% | |
Volume Surge | Other | 0.53% | |
Calm After Storm | Range Contraction | 0.53% | |
Narrow Range Bar | Range Contraction | 0.53% | |
Gapped Up | Strength | 0.53% | |
Up 3 Days in a Row | Strength | 0.53% | |
Up 4 Days in a Row | Strength | 0.53% |
Alert | Time |
---|---|
Rose Above Previous Day's High | about 19 hours ago |
Possible Pocket Pivot | about 19 hours ago |
Up 5% | 6 days ago |
Rose Above Previous Day's High | 6 days ago |
2x Volume Pace | 6 days ago |
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T-Rex 2X Inverse Ether Daily Target ETF Description
ETQ is designed for making bearish bets on the daily price of spot Ether through swap agreements. The objective is to obtain daily leveraged exposure equivalent to -200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to Ether's daily price movements. The rebalancing value is based on an average price calculated during the final equity trading hour in New York. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. It's important to note that the fund could potentially lose money over time, even if Ether's performance weakens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Classification
Keywords: Swaps Money Market Fund Short Term Tactical Tool Rebalancing Investments
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 26.327 |
52 Week Low | 11.81 |
Average Volume | 6,662 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 0.00 |
10-Day Moving Average | 14.77 |
Average True Range | 1.50 |
RSI (14) | 83.31 |
ADX | 0.0 |
+DI | 28.44 |
-DI | 60.26 |
Chandelier Exit (Long, 3 ATRs) | 21.83 |
Chandelier Exit (Short, 3 ATRs) | 16.31 |
Upper Bollinger Bands | 0.00 |
Lower Bollinger Band | 0.00 |
Percent B (%b) | 0.0 |
BandWidth | 0.00 |
MACD Line | -3.07 |
MACD Signal Line | -2.10 |
MACD Histogram | -0.9708 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 14.31 | ||||
Resistance 3 (R3) | 14.29 | 14.20 | 14.28 | ||
Resistance 2 (R2) | 14.20 | 14.15 | 14.21 | 14.27 | |
Resistance 1 (R1) | 14.16 | 14.12 | 14.18 | 14.18 | 14.25 |
Pivot Point | 14.07 | 14.07 | 14.08 | 14.08 | 14.07 |
Support 1 (S1) | 14.03 | 14.02 | 14.05 | 14.05 | 13.97 |
Support 2 (S2) | 13.94 | 13.99 | 13.95 | 13.96 | |
Support 3 (S3) | 13.90 | 13.94 | 13.95 | ||
Support 4 (S4) | 13.92 |