Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (DRIP)

[No-Quarter]

DIAL is a fixed-income ETF, not unlike a money market mutual fund. Stockcharts does not offer money markets funds for charting purposes (mutual funds typically have 5 letter ticker symbols, and money market mutual funds typically have 'XX' as their last two letters). Try a search in Stockcharts yourself. Oddly, you won't find any.

When comparing an ETF to a fixed-income fund on a slope chart, it will display a slope rising or falling compared to the same fixed income value day after day/week after week/fund to fund.

I found when I use the slope of the ticker 'naked' (not comparing it to DIAL) the day to day variations of the slope line often becomes too whippy.

You can see this for yourself when you look at the RRG rotation chart of the SPDR ETF's on Stockcharts. Link here;

https://stockcharts.com/freecharts/rrg/?s=XLU,XLE,XLF,XLV,XLI,XLY,XLK,XLP,XLRE,XLC,XLB&b=SPY&p=d&y=1&t=5&f=tail,d

Hard to make much sense from it other than what quadrant each fund is in.



The default 'Benchmark' for this RRG chart is SPY. On an RRG chart, Benchmark means this is what each ETF is being compared to.

Now make one simple change. Change the Benchmark fund from SPY to DIAL, and you get this chart.



Much easier for me to see side by side comparisons when DIAL is used as the benchmark

FYI, a Slope chart is basically a linear version of a RRG rotation chart.

All this took me years of trial and error to hone in on this simple method to steadily increase my retirement funds. 4-6 trades per year for each of the twelve 2x and 3x ETF pairs I follow, and I have been able to achieve a 50% to 100% gain/year for the past several years.

GLTY