The Nikkei 225 2x leveraged ETF rose to ¥817.1 in early October before plunging to ¥731.6 in mid-October. On 10/15, it fell 9.43% from the previous day, while trading volume increased 158%, clearly widening the price range.
The price rose to ¥817.1 on 1 October, while trading volume increased 53% from the previous day, indicating a rapid move. At the close that day, the ETF attracted attention as a security showing a bullish alignment of the 3 Ichimoku signals and a breakout above the cloud, before turning lower in mid-October.
Between 13 and 16 October, it fell from the ¥817.1 range to ¥731.6. On 15 October, it suffered a sharp 9.43% decline from the previous day, and trading also became more active. As a result, the trading range widened in mid-October.
The ETF appeared in the ETF trading-value rankings on both 15 and 16 October, indicating that trading expanded immediately after the sharp fall and that short-term funds continued to flow in and out. It also fell to ¥714.7 at one point on 15 October.
After being identified as a golden-cross security on 28 September, it rose again to ¥817.1 on 1 October. It then suffered a sharp decline on 15 October, and the market began to show stronger signs of a correction following the advance.