Arbitrage trading ideas – 30/04/2018

We take our profits on UCO (Proshares Ultra Crude Oil x2) with a gain of 8.9%. We replace UCO by INDL (Direxion daily MSCI INDIA Bull X3), while India stands out in our major trend change signals and seems ready for a new upward phase. The target price of this trade is $ 95 (+ 10%).

INDL : daily data