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Daily 7-10 Year Treasury Bull 3x Shares Getting Very Oversold

In trading on Wednesday, shares of the Daily 7-10 Year Treasury Bull 3x Shares ETF (TYD) entered into oversold territory, changing hands as low as $47.3801 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..
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