AMEX:GUSH DIREXION DAILY S&P OIL SERVICES BULL 3X SHARES
Looks like the energy sector is starting its next cycle move higher. The gold candles represent the last move starting around January. Energy sector runs in 30-50 day cycles. This could be a good move higher for a while.
Trade active: Gush continues higher as long as OIL moves higher.
Trade active: Wow, that was more of a pullback than I expected. You can see the dotted green lines, which I expected. With the dollar moving lower I expect another leg higher towards $53 at least.
Trade closed: target reached