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RWIU - Fade The Dollar Gains

Overview: The S&P 500 rallied 1.6% yesterday to extend the streak to a fifth consecutive session, and the longest of the year and completed the negation of a bearish technical pattern. However, the main feature today is a wave of profit-taking on risk assets. Most equity markets moved lower in the Asia Pacific region. Chinese markets were a notable exception. The Shanghai edged about 0.35% higher, while the Shenzhen tacked on 1.7%. European shares are struggling, and the Dow Jones Stoxx 600 is giving back a bit more than half of yesterday's 1.6% gain. US

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Stock Information

Company Name: Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
Stock Symbol: RWIU
Market: NYSE

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