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TMCNet:  Shares of EDC Up 8.9% Since Uptrend Call on Shares

[December 10, 2012]

Shares of EDC Up 8.9% Since Uptrend Call on Shares

Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Direxion Daily Emerging Markets Bull 3X Shares (NYSE:EDC) on November 23rd, 2012 at $88.87. In approximately 2 weeks, Direxion Daily Emerging Markets Bull 3X Shares has returned 8.95% as of today's recent price of $96.82.


Direxion Daily Emerging Markets Bull 3X Shares share prices have moved between a 52-week high of $121.00 and a 52-week low of $62.56 and are now trading 56% above that low price at $97.50 per share. The 200-day and 50-day moving averages have moved 0.41% lower and 0.06% higher over the past week, respectively.

Direxion Daily Emerging Markets Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results of 300% of the price performance of the MSCI Emerging Markets Index. The Fund invests at least 80% of its net assets in the equity securities that comprise the EM Index, including Depositary Receipts.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Direxion Daily Emerging Markets Bull 3X Shares shares.Log in and add Direxion Daily Emerging Markets Bull 3X Shares (EDC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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