Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares DRIP

vik0q

buying bear shares tomorrow at the open, I think friday we might hit those highs, if doesnt happen tomorrow, I'll try next week again.

Dippy

With the top players nearing at or around top consolidation ranges and DRIP hanging as the low fruit bear index it's almost, ALMOST, too easy. Exit target from 16-22. Pay no attention to the 40 mark. I mean it's clearly a visual point of resistance but with all the splits I don't think the volume could ever get there. But if it's a winner I say let it run.

MarketSetups

ANOTHER SIMPLE IDEA IF U R BEARISH ENERGY SECTOR, AT SOME RESISTANCE HERE BUT I DOUBT IT WILL BE ABLE TO HOLD IT.

scindo

Just an idea for possible long positions on AMEX:DRIP for a long-term swing. There's room for more downside, possibly to the next leg of support, as I've added by the pitchfork trendline entries. As we've not seen an actual bottom yet, it's all speculation at this point, but oil (for vehicles and shipping) is slowly being pushed to the margins; and with an...

am763

DRIP Long🚀📊 It is not financial advice. This is my opinion. Please check yourselves and invest in the symbols in which you think have a huge opportunity to reach the best results. please leave us your opinion and reviews.🙏 Good Luck 👍

LadyAmalthea12

$DRIP Target 31.02 for 61.73% Or next add level is at 7.34 This is another insane setup that you should only trade at your own risk... it might take a little time to play out. Ride or Die, y'all... be careful with this one as trading contracts is a little different from regular stocks. I am not your financial advisor. Watch my setups first before you...

SnipingRabbit

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SnipingRabbit

BOUNCING BACK SOON?

PrinceOfGeometry

Long opportunity

sordidtrader

Bulllish chart in DRIP, falling wedge pattern forming, possible bullish movement in the next days

lightningfreek

up

apb270

(Scroll Down for Better Picture of Wave Count) SPX and 3x leveraged bear crude DRIP. Does this pattern show smart money exits in Jan '20 and June '20? When the relationship decreases, lean CAUTIOUSLY on equities and crude. Precipitous fall means lay on the Shorts. Despite Markets going higher in February, the relationship still decreased as crude continued to...

apb270

Looking for follow-through and resistance to hold

apb270

"Golden Cross" of SMA 100 intersecting the SMA 111 acts contrarily to standard Golden Cross implications and could signal a correction as seen in January. As the relationship decreases in price, Crude down, DRIP up. Looks like it might break down vs SMA 350 (gold colored line) as well. An answer should be given within the next week given prior timelines.

bhowe

Im buying DRIP here as a long trade. It's really a short because its an inverse etf. It looks good the buy was at $6.04

bhowe

With the OIL cycle coming to an end, 50 + days, I am watching DRIP as a possible counter trade. If the price can get over the 50 and break the trend line this could be a good runner. Maybe we get a repeat of March? You could buy here with a stop below the current price. The only draw back is that the OIL producers may not trade directly with OIL.

BeardedSince

Looking at the chart, looks like bullish run already began. Any more negative news On oil sector will help. Remember this is bear fuel traders. As always, set your stops and limits.

19:35

ScottBogatin

I believe for most of us who have traded there have been times when we recognize when we had an urgency to take a trade in a very unclear market when we knew in a conscious or subconscious manner that this was a very uncomfortable trade we were about to make. Even if we have systematic ways to judge risk and reward and trade management, something inside of us is...