Technical Indicators Signal Continued Weakness for FNGU Leveraged ETN MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is showing persistent negative momentum, with both its 50-day and 100-day moving averages indicating a sell signal. The 200-day average, however, remains a buy. Technical oscillators are mixed, but overall, the trend points to caution for short-term investors amid ongoing volatility.12