ETF Chart of the Day, November 25, 2014

This ETF, Direxion Daily Healthcare Bull 3X ETF is showing considerable strength of late and probably deserves a close look.

Some information from the management of the fund, Direxion Investments:

Fund Symbol	CURE
Daily Target	300%
Intra-day Indicative Value	CURE.IV
Bloomberg Index Symbol	IXV
CUSIP	25459Y876
ISIN	US25459Y8764
Gross Expense Ratio	1.21%
Net Expense Ratio	0.95%*
Inception Date	Jun 15, 2011

Overview

The Daily Healthcare Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Health Care Select Sector Index. There is no guarantee the fund will meet its stated investment objective.
This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.

Performance
NAVs and market price information as of November 24, 2014

Monthly Quarterly

All data as of 10/31/2014
Ticker	Fund Name		1 Mo %	3 Mo %	YTD %	1 YR %	3 YR %	5 YR %	10 YR %	Since Inception	Inception Date	Expense Ratio* (Gross/Net %)
CURE	Daily Healthcare Bull 3x Shares	NAV	14.81	32.62	71.99	100.25	96.12			71.22	6/15/2011	1.21 / 0.95*
		Market Close	14.92	32.69	71.80	99.16	94.06			71.21

From WallStreet Scope Nov 7

Direxion Daily Healthcare Bull 3X ETF (CURE) of the Financial sector (Exchange Traded Fund) lost -2.75%, a change from open of -3.5700% ($-3.23 per share) at the close of the normal trading day Friday with a volume of 95712 shares.  Direxion Daily Healthcare Bull 3X ETF (CURE) ended the day at $117.43 with a market cap of ,  insider ownership of , volume of  095,712 and a weekly performance of 2.84%. Direxion Daily Healthcare Bull 3X ETF (CURE)’S monthly performance stands at 13.27% and Direxion Daily Healthcare Bull 3X ETF (CURE) is considered a stock to watch for the upcoming trading day.

Here is a chart made after the close on Tuesday Nov 25, you can see that this stock has had a long advance and is still very strong.

In fact, the Relative Strength Factor for this ETF is 99.6

I want to draw your attention to the Point and Figure chart for this instrument, you will see a Bullish Price Objective of $215.00

This ETF is certainly deserving of a place in your watchlist and may well become a part of your trading strategy.


Good Trading..!

Some additional information on the Relative Strength Factor

My Gold Trading Strategy as at November 21, 2014

Will the Butterfly make your trading strategy bullish?

This is a weekly chart and it seems that the butterfly pattern is having an effect as the price of Gold has been rising for three weeks.

Let's see what happened this week with the weekly pivot.

Right from the start of the week there was a bullish sentiment and the resistance was tested early before Gold dropped to bounce off the weekly pivot. Friday the resistance was tested again and ultimately the close was less than the resistance.

Now we can have a look at the Ichimoku chart and we can see that the price will meet the resistance of the Ichimoku Cloud with a further gain of ten dollars. You can see that recently price has approached the Cloud twice and been refused both times. Definitely there will be resistance to an upward move for a while, at least according to the Ichimoku Cloud.

Next we can have a look at the Point & Figure chart for Gold.

I have marked the resistance at $1,220.00 and you will notice that the bearish target is still set at $1,050.00. 

Next week will bring more excitement as Gold looks again for direction, hopefully our trading strategy will be profitable.

Good Trading...!