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flag MicroSectors' 3x leveraged tech ETN (BULZ) saw a sharp drop, while its inverse counterpart (BERZ) rose.

flag Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) dropped sharply on Tuesday, opening at $119.43 after closing at $123.63 the previous day. flag The ETN, tracking 3x the daily price movements of a tech-heavy index, has a 50-day moving average of $157.98. flag Meanwhile, the -3x inverse leveraged counterpart (BERZ) saw a gap up, opening at $14.64. flag Both ETNs are issued by REX Microsectors and are highly sensitive to market fluctuations.

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