As the name suggests I love this ETF. TNA is 3x bull the Russell 2K index. Im bearish as all hell and have been shorting everything from financials to retailers but this thing is wild. I have my eyes on this thing badly waiting for a bear market rally. Its at 16.80 now but once we put in a temporary bottom and have a 15% rally this thing will FLYYYYYYYY. I traded it 3 times today alone. Any suggestions on a great bull run with TNA?/
Bought some TNA for my IRA, thinking a bounce back to $16 is coming. Im very bearish but I do know about bear market rallies and I also know that on days like today you buy in instead of sell. TNA price target $16. Sold my TZA a little early in both my IRA and trading account in the upper 70's last week. Will buy back those shares under $60 sometime over the next few weeks.