Direxion Daily Emerging Markets Bull 3X Shares New (EDC) Options

Sold some today.

Bought today

right on

long-term ETF account scan EDC bullish 65.69

pick a few etfs that can rally
check up on them every so often



normal chart


log chart

Got out last week. No position either bull or bear on EM's at the moment.

Will see how Tues unfolds.

wow

EM's took flight overnight on the back of a turnaround in Asian currencies.

Re-entered EDC in PM. A buck premium to last sale.

Agreed that the risks remain for EM's. My call was intended for the short-term only.

EDC is running up against the 50-day here and I exited this AM.

Volume is often lacking in both EDC and EDZ. But both of them have been nice ATM's this year.

China's "National Day" 7th day is Wed...
Shanghai Stock Exchange: China celebrates "National Day" for 7 days and does not trade.
So, yes you are probably right but its back to buisness after that and I'd be carful (day 7)
10/01/2015 Thursday National Day 1 Shanghai Stock Exchange CHINA

10/02/2015 Friday National Day 2 Shanghai Stock Exchange CHINA

10/05/2015 Monday National Day 5 Shanghai Stock Exchange CHINA

10/06/2015 Tuesday National Day 6 Shanghai Stock Exchange CHINA

10/07/2015 Wednesday National Day 7 Shanghai Stock Exchange CHINA
http://markets.on.nytimes.com/research/markets/holidays/holidays.asp?display=market&timeOffset=0&exchange=SHH
I'm still looking for more Volume on the daily chart but that's just me
GLtrading

Got back in this week in the low 12's after exiting EDZ.

Chart technicals on a short-term buy signal.

Looking for follow-thru with this next week.

Both of these emerging market ETF's (EDC, EDZ) get very little respect. With such low interest, often tough to build a position.

But EDZ more than doubled in price in just a few months on increasing volume.

Seems investors are more inclined to play single country EM's rather than the whole index.

agreed, I'm champing at the anemic volume bit http://tos.mx/ifiKwY
I'd love to pick up a double from edc but I'm having a hard time with very little volume
monthly candle chart channel

EDC starting to look interesting here.

Still no confirmed technical "buy" signal on the chart but the ETF looks extremely washed out.

Due for a technical rebound soon.

$EDC Chart – huge GAP down open – today’s Doji candlestick is forming completely below the lower Bollinger Band @ 26.33 – checkout March 10th on this chart – there was a big gap down open that day and the candle formed below the lower BB – as this chart shows the candles worked their way back into the Bands –

Today’s bearish move will likely be followed by a bounce – take a look at Fast Sto @ 9.40 – $EDC has a history of eventually bouncing when Fast Sto drops below 20 – when you combine the Doji forming well below the lower BB w/ the very low Fast Sto you paint an interesting reversal picture –

EDC Chart: Possible Double Top forming…….need to see a breakout or the chart will breakdown……..if the emerging markets pull back play EDZ…………..

Sweet Golden Cross……..MA(50) would be a KEY support level on a pullback………..$$$

$EDC PROSPECTUS: http://www.direxionfunds.com/regulatory-documents

$EDC FACT SHEET: http://www.direxionfunds.com/wp-content/uploads/2014/02/EDCEDZ-Fact-Sheet.pdf

$EDC http://www.direxionfunds.com/products/direxion-daily-emerging-markets-bull-3x-etf

$EDC DD http://www.seekingalpha.com/symbol/edc

$EDC PROSPECTUS: http://www.direxionfunds.com/regulatory-documents

$EDC FACT SHEET: http://www.direxionfunds.com/wp-content/uploads/2014/02/EDCEDZ-Fact-Sheet.pdf

$EDC http://www.direxionfunds.com/products/direxion-daily-emerging-markets-bull-3x-etf

$EDC DD http://www.seekingalpha.com/symbol/edc

$EDC is cleared to run to $35 now.

Good day today, I'll draw up a report for anyone reading this about how the international crises are affecting the movement.

Solid bounce today, looking for mid 27s tomorrow.

EDC / EDZ Charts: EDC formed Bullish Harami reversal pattern Friday.......oversold......looking for a Double Bottom off 20 support Zone.....EDZ formed Bearish Harami reversal pattern on Friday.....EDZ hitting MA(200) resistance.........I'm a long term Emerging Markets BRIC Bull........I think later in 2014 people will be talking about the turn around in emerging markets..........remember, I'm a contrarian.........one persons trash in another persons treasure.......much smarter people than myself are predicting a Bottom in Emerging Markets & the start of a multi year run..........once the turmoil cools down look for monster gains in this sector........$$$

14% - That makes for a nice day.

I'm in, he said to the ether.

Anyone bighting down here? Might be time.

$EDC Great For Day/Swing Traders ...

$EDC Can Head To 120 In a HeartB When Europe Fix The Greece Prob !