We hate to brag but we nailed our ETFs plays for last week. For instance, we told our readers to buy BRZU (+8.19%), INDL (+8.73%) and YINN (+6.8%) and to stay away from LABU (-18.01%).

We will layout the potential trades for you, and it is up to you to decide which trades you like to take. If you are not sure what an ETF is, or would like some more information regarding the benefits of trading ETFs, please read our post here.

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Direxion Daily MSCI Brazil Bull 3X ETF (BRZU)

BRZU is up more than 8% since last weeks call. We mentioned that the $27 range is resistance. It seems to have attempted to break through that price level on multiple attempts last week. Watch this level. If it fails to break $27 it could see $18, stop loss below $23.

Last time BRZU was at these levels it shot up to mid-$60s. This ETF has taken a beating from its high of $65 from Jan of this year – down about 60%. it appears that BRZU has found a bottom and has begun to make moves to the higher $20 – low $30s.

The resistance is at $27 – if BRZU is to break through the $27 resistance look for it to break to $35.

Buy range: above $27
Targets: $35 (+35%)
Stop Loss: $23

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Brazil 25/50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Brazilian equity market, covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers. It is non-diversified.

 

Direxion Daily MSCI Real Est Bull 3X ETF (DRN)

Last week DRN seemed to be headed lower to the $20.75 support, this week it seems to be headed lower to the $19.50 support. I would want to see if it holds and bounces off that support line or not before jumping in to DRN. If it bounces off support ($20.75) you can expect it to run to our first target of $23, if not it will be headed to $19.50. We recommend sitting out of this one. Unless it bounces off the $20.75 support area.

Buy range: $20.75
Targets: $23 (+10%) – $25 (+20%)
Stop Loss: $19

Fund Summary
The investment seeks daily investment results of 300% of the daily performance of the MSCI US REIT IndexSM. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a free float-adjusted market capitalization weighted index that is comprised of REITs that are included in the MSCI US Investable Market 2500 Index. It is non-diversified.

 

Direxion Daily MSCI Em Mkts Bull 3X ETF (EDC)

EDC broke out of the $95 resistance last week. Look for a breakout to $110, despite the huge selloff on Friday.

Buy range: above $95
Targets: $110 (+15%)
Stop Loss: below $95

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Emerging Markets IndexSM. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across the 24 emerging market countries. The fund is non-diversified.

 

Direxion Daily Energy Bull 3X ETF (ERX)

ERX is trading within the $33 – $40 range.It has failed on multiple attempts to break out of the $40 range which could be concerning on its own. You can see the failure to break and stay above $40 and then the two attempts to break $40 again. usually this signals a bearish trend. However, you can look to get in at the $33.50 support for a potential run to $40. ERX is approaching that $40 resistance line. We recommend waiting until it has broken out of the $40 price range. If it breaks $40, it can run to $45 – the next resistance.

Buy range: above $40
Targets: $45 (+12.5%)
Stop Loss: below $39

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Energy Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices (the “index provider”) and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.

 

iShares MSCI Japan ETF 3X ETF (EWJ)

EWJ broke the $58.50 resistance and is headed to the $60. Look for it to break the $60 and head to the $61.25  and then to $63.50. This ETF seems to have some bullish momentum behind it.

Buy range: $58
Targets: $63.50 (+9.5%)
Stop Loss: below $58

Fund Summary
iShares MSCI Japan ETF is an exchange-traded fund incorporated in the USA. The ETF’s objective seeks to provide investment results that correspond to the performance of the Japanese market, as measured by the MSCI Japan Index. The ETF invests in a representative sample of index stocks in a variety of sectors using a market cap weighted “portfolio sampling” technique.

 

Direxion Daily MSCI India Bull 3x ETF (INDL)

INDL had a great week! We told our readers that it could be headed to the $86 resistance . which it seems to have broken on Friday, closing just a hair above $86.Once it breaks the $86 resistance it could easily run to $100. The later being the safest of the two.

Buy range: above $86
Targets: $100 (+16%)
Stop Loss: below $86

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI India Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Indian equity market, covering approximately 85% of the Indian equity universe. The fund is non-diversified.

 

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

JNUG seems to trading in range between $12.50 and $15 – $16. I’m not too excited about this one. However, Seeing that it has been able to bounce off this support region of $12.50 to just about $15 – it gives us a 20% range to play in.

Buy range: above $12.50
Targets: $15 (+20%)
Stop Loss: below $12

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MVIS Global Junior Gold Miners Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes companies from markets that are freely investable to foreign investors, including “emerging markets,” as that term is defined by the index provider. It is non-diversified.

 

Direxion Daily S&P Biotech Bull 3X ETF (LABU)

If you read our report last week you would have saved yourself from a 18% drop of LABU. It needs to hold the $90 support, which it does not seem to be able to. We think LABU is headed to $70. We recommend waiting to see on what support area it settles in prior to jumping in.

Buy range: above $90 or $70
Targets: –
Stop Loss: below $90 or $70

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P Biotechnology Select Industry Index (“index”). The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards (“GICS”). The fund is non-diversified.

 

Direxion Daily Russia Bull 3X ETF (RUSL)

RUSL still looks sluggish. Everything about RUSL‘s chart indicates that its headed down to $35 or even lower ($31). No really good trade here, unless you’d like to consider shorting it to $35.

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MVIS Russia Index. The fund invests at least 80% of its net assets in securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a rules-based index, intended to represent the overall performance of publically traded companies that are domiciled and primarily listed on an exchange in Russia or that are not Russian companies, but nonetheless generate at least 50% of their revenues in Russia. It is non-diversified.

 

Direxion Daily Semicondct Bull 3X ETF (SOXL)

We think that the semiconductor sector is due for a run soon – hence why SOXL looks good this week. I would accumulate between the $135 – $150 range for a run to $180 – $185. Stop loss is below $150.

Buy range: $150
Targets: $180 (+20%)
Stop Loss: below $150

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of domestic companies engaged in the design, distribution, manufacture and sale of semiconductors. The fund is non-diversified.

 

Direxion Daily S&P500 Bull 3X ETF (SPXL)

SPXL is trading in an awkward range right now and it seems to be heading back to $45. I would wait to see what happens in the next few days. You could buy if it breaks $50 range and hold till $54.

Buy range: above $50
Targets: $54 (+8%)
Stop Loss: below $50

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500® Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

 

Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)

For the third time since it broke under $20, TMF has failed to breakout of the $20 resistance point and it headed back down to $18 at least. If you read our report last week and listened to our recommendation you might be smiling right now. We recommend sitting out on this one still, until we find a base – which will most likely be at the $18 or $17 range. If it holds $18 it could run to $20.

Buy range: above $18
Targets: $20 (+10%)
Stop Loss: below $18

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. The fund is non-diversified.

 

VelocityShares 3x Long Natural Gas ETN (UGAZ)

UGAZ may have broken out of the downtrend here. Look for confirmation as it breaks $56 – which it did Thursday / Friday. Our entry would be above $56 with a stop loss just below $52. UGAZ could go to $60 and $66 if it can stay of the $56 price range. This may be a good entry now.

Buy range: above $56
Targets: $60 (+7%) – $66 (+17%)
Stop Loss: below $50

Fund Summary
VelocityShares Daily 3x Long Natural Gas ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, S&P GSCI Natural Gas Index ER.

 

VelocityShares 3x Long Gold ETN linked to the S&P GSCI Gold Index (UGLD)

UGLD has been taking a beating since April. We are not convinced that this downtrend is over. Look for it breakout of the $9.30 resistance before entering.

Buy range: above $9.30
Targets: $10.75 (+15%)
Stop Loss: below $9

Fund Summary
VelocityShares 3x Long Gold ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the S&P GSCI® Gold Index Excess Return.

 

VelocityShares 3x Lng Crude Oil ETN New (UWT)

UWT seems to be heading to $40 and possibly $45. Support is between the $28 – $32 region. If you have read our Morning Coffee Segment – you would know that we are very bullish on Oil. This ETF seems to be gaining some positive momentum as it heads to break $40.

Buy range: between $32 – $35
Targets: $45 (+25%)
Stop Loss: below $28

Fund Summary
VelocityShares 3x Long Crude Oil ETN is an exchange-traded note issued by Citigroup Global Markets Holdings Inc. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, S&P GSCI Crude Oil Index ER.

 

Direxion Daily FTSE China Bull 3X ETF (YINN)

YINN finished the week up 6.8%. We recommend waiting to see if it breaks out of the $27 resistance first before entering this week. From $27 the next resistance is $32 from which YINN could run all the way up to $40.

Buy range: above $27
Targets: $32 (+18%)
Stop Loss: below $27

Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the FTSE China 50 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (“ETFs”) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange (“SEHK”). The fund is non-diversified.

 

You must remember that leveraged ETFs are highly risky assets. Trading them could introduce increased risk to your portfolio. If you feel that that you may not be comfortable with the risk, you could simply trade the index funds that the funds listed above are following.