Direxion 3X Russell Funds (TNA)

[3xBuBu]

YINN/YANG and FXI/FXP
On March 16, YINN and YANG reversed course after The China Securities Regulatory Commission said it would work with U.S. regulators to find a solution over audit supervision, which has put some China-based stocks in risk of being delisted from U.S. stock exchanges.
YINN, a triple leveraged fund that is designed to outperform the China 50 Index by three times, plummeted more than 63% between Feb. 23 and March 15 before beginning to rebound. YANG, which is inversely correlated to the FTSE China 50 and delivers three times its decline, soared 144% higher over that same time period before suffering a massive sell-off.

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