ETF Opportunities Trust T-Rex 2X Inverse – NVDQ

The Fund seeks daily investment results of 200% of the inverse of the daily performance of NVDA. Under normal circumstances, invests in swap agreements that provide 200% inverse daily exposure to NVDA equal to at least 80% of the Funds net assets. NVDA is assigned to the semiconductors and related devices industry.

Technical Observation (on the daily chart): 

NVDQ has been in a prolonged consolidation phase and is now beginning to show potential for upward movement, presenting a positive outlook. However, it may continue to consolidate before making a notable rise. The 14-day Relative Strength Index (RSI) is currently in a favorable position, though it might face a slight downturn. Additionally, NVDQ's price remains above its 21-day Simple Moving Average (SMA), which is expected to serve as a temporary support level during any future volatility. This situation could provide a strong base for further consolidation before the price embarks on its next upward movement.

Individuals can evaluate the ETF based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario. 

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing. 

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is March 7, 2025 (10:18 am EST). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Note 4: ‘Kalkine reports are prepared based on the prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.