SmarTrend identified an Uptrend for Direxion Daily Emerging Markets Bull 3X Shares (NYSE:EDC) on November 23rd, 2012 at $88.87. In approximately 2 months, Direxion Daily Emerging Markets Bull 3X Shares has returned 21.86% as of today's recent price of $108.30.

In the past 52 weeks, shares of Direxion Daily Emerging Markets Bull 3X Shares have traded between a low of $62.56 and a high of $121.00 and are now at $108.30, which is 73% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 1.41% 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.

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