FNGU great setup into earnings

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MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038 (AMEX:FNGU)

AMEX:FNGU MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038

trendanalysis chartpattern indicator fngu qqq amzn bidu baba twtr

bullish decending wedge breakout, MACD turning positive, higher lows on RSI. only nasty looking thing here is the 50/200 day moving averages, but this looks like a very nice way to play the big tech names going into earnings over the next month.

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