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Market Impact: 0.18

Direxion Daily FTSE Europe Bull 3X (EURL) Shares Cross Below 200 DMA

Source: Nasdaq

Market Technicals & FlowsDerivatives & Volatility

Direxion Daily FTSE Europe Bull 3X ETF (EURL) fell about 3% Friday and broke below its 200-day moving average of $45.00, trading as low as $44.26. The technical breakdown is a bearish signal for the leveraged Europe equity ETF, though its broader market impact is limited.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

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