NAIL - Homebuilders Leveraged ETF dropped 50% in 3 days.

NAIL has been having a pretty good run this year up until the last 3 days where it sold off close to 50%. Had a good recover day yesterday back up 10% so will be interesting to see if it continues to claw back some of that drop.

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Kept heading the wrong way so no trade taken. Whole housing market taking a beating.