Sitting right on the 0.5 Fib now for this pull back in the PM.
If the HSI finds support on the 0.38 Fib then this will be a good ETF to take advantage of for the next leg up, as it is 3 X leveraged.
Those who have been with us since the start of the year and have been following this will know how well this moves in spite of it being a leveraged position and subject to more volatility.
We will also see a golden cross here shortly too if the price action continues to move in this manner.