$Direxion FTSE China Bull 3X(YINN.US)

Recently, there are three positive factors that make me interested in YINN.

1. The leader mentioned on September 12th that efforts will be made to boost the economy in Q3 and Q4, and policies may be introduced in the short term.

2. The September curse in the U.S. stock market coincides with the FOMC meeting on the 19th, making the market volatile.

3. An interest rate cut is inevitable, whether it's 25bp or 50bp, it will ease the pressure on the RMB exchange rate and provide more room for monetary policy adjustments.

Based on these factors, I bought some YINN for short-term trading. Luckily, today on September 19th, both the A-share and Hong Kong markets surged, with YINN rising by 10%. Reuters reported that an interest rate cut and reserve requirement ratio cut might happen tomorrow on September 20th.

So today, expectations are high. If there are no policies announced tomorrow, it will likely drop sharply, so I took profits and exited.

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