NASDAQ · ETF · ENHANCED MARKET DYNAMICS

ASMU

Direxion Daily ASML Bull 2X ETF

US

Open Chart Terminal
EMD SCORE50/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build33% directional agreement67% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 29.36
Evidence
29 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 supportive · 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.
13 Feb 2026–28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE · USD +100+500-50-100 41.9530.5819.20 13 Feb 2026 · EMD 42/100 · close 24.60 20 Feb 2026 · EMD 47/100 · close 26.83 27 Feb 2026 · EMD 40/100 · close 26.05 6 Mar 2026 · EMD 41/100 · close 20.45 13 Mar 2026 · EMD 41/100 · close 22.06 20 Mar 2026 · EMD 38/100 · close 21.06 27 Mar 2026 · EMD 31/100 · close 20.42 3 Apr 2026 · EMD 44/100 · close 20.61 10 Apr 2026 · EMD 53/100 · close 25.78 17 Apr 2026 · EMD 47/100 · close 24.94 24 Apr 2026 · EMD 53/100 · close 24.69 1 May 2026 · EMD 50/100 · close 23.64 8 May 2026 · EMD 57/100 · close 29.07 15 May 2026 · EMD 42/100 · close 25.71 22 May 2026 · EMD 55/100 · close 30.15 29 May 2026 · EMD 51/100 · close 29.40 5 Jun 2026 · EMD 49/100 · close 30.07 12 Jun 2026 · EMD 59/100 · close 38.26 19 Jun 2026 · EMD 59/100 · close 40.73 26 Jun 2026 · EMD 51/100 · close 34.82 3 Jul 2026 · EMD 50/100 · close 33.30 10 Jul 2026 · EMD 51/100 · close 34.30 17 Jul 2026 · EMD 47/100 · close 32.11 24 Jul 2026 · EMD 49/100 · close 32.45 31 Jul 2026 · EMD 49/100 · close 27.54 7 Aug 2026 · EMD 51/100 · close 31.36 14 Aug 2026 · EMD 56/100 · close 34.91 21 Aug 2026 · EMD 49/100 · close 31.86 28 Aug 2026 · EMD 50/100 · close 29.36 13 Mar 2026 · Up-cycle confirmed · close 22.06 10 Apr 2026 · Up-cycle confirmed · close 25.78 26 Jun 2026 · Down-cycle confirmed · close 34.82 13 Feb 202622 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 57%Current EMD +0.54-week EMD change +3.0156-week price range USD 20.42–40.73

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

48/100-0.05

Cautious pressure beneath price
4-week change -0.05

02

Trend and deviation

0/100—% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

69/1004w +6.6% · 13w -0.1%

Momentum is supportive
SMI 0.37

04

Price-volume pressure

45/10045% constructive pressure

Volume is leaning against the close
Volume ratio 0.26x

05

Modeled Trend

90/100Modeled Trend 0.83

Modeled Trend is supportive
Smoothed Modeled Trend 0.80

Evidence context