$CONL (October 8, 2026-Daily Chart) $CONL met resistance at the longest momentum bar, $6.2, then pulled back and broke the next bar at $5.4. If the dip deepens, the next momentum bar at $5.04 is key support. Leveraged products are built for short bursts, not for holding. They reset every day, so the return is a multiple of each day’s move, not of the move over weeks. A stock that falls 10% and rises 11% can end roughly flat. The 2x version of that same path often ends down, because the losses compound on a smaller base and the daily reset never gives the loss back. Chop makes it worse: up, down, up, down, and the leverage bleeds even when the underlying goes nowhere. That is why it behaves like gambling. The house edge is the decay. Retail is the side that usually holds through it, and the product is not designed for that side to win. A straight stock can be sat on. A leveraged play has to be timed, and timing is the part most people lose.

$TSLL, $CONL, $MUU (July 17, 2026-daily charts) Over the past few years, I’ve consistently warned my community about the serious risks of holding leveraged ETFs like $TSLL, $CONL, $MUU, and so forth. These vehicles were not designed for long-term holding by retail investors. They are built for short-term trading, and due to daily rebalancing and volatility decay (beta slippage), they tend to erode value over time — especially in sideways or choppy markets — even if the underlying asset eventually moves in the expected direction. While I usually avoid saying it this bluntly, the structure of these products often works against the average retail investor who buys and holds them. They are optimized for the issuer and frequent traders, not for buy-and-hold investors hoping to “ride the wave.” If you’re still holding any of these leveraged plays, please reconsider your position and risk management. Long-term success in the market usually comes from simpler, unleveraged strategies — not products that mathematically fight against you the longer you stay in them.