DIREXION DAILY ENERGY BULL 3X SHARES

With WTIC moving higher the OIL sector stocks are finally starting to react. GUSH and ERX both looks promising here. GUSH had a big day up over 10%. ERX I am looking to go long with a move over the 50sma. Tomorrow may be a buy.

Accumulate - Pull back to test the 2009 low - look for wave 3 to begin.

I would not be surprised to see it trend up for a while after a flush or a quick pop and pullback.

Are you looking for an Energy Sector Bull ETF? This might be the one, because noted bear trend run has came down from $44 to $24. MACD is crossing and purple noted BEAR trend line (still has not been broken), which would be a 100% confirmation. Last noted candlestick was around $2.00 (green). You might want to look into this ETF, especially if SPY 500 does an ...

it should start moving upwards

ERX (Direxion Dialy Enegry Bull 3 x Shares) head & shoulder.

Also took some ERX with the close at 32.54. I see a potential rebound in energy stocks this year since expectations are fairly low and therefore easy to beat. After that little longer shakeout there could also be enough traders whoe want to step back in

Objetivo identificado en $50,76

ERX breakout is promising a move to 68-70 if the promise of measure move is fulfilled.

Imminent breakout targeting 50.

ERX (Direxion Daily Energy Bull 3x Shares) and XLE (Energy Select Sector SPDR ETF) ERX: The Fund seeks daily investment results of 300% of the performance of the Energy Select Sector Index. ELX :The Fund seeks to provide investors with a low-cost "passive" approach for investing in a portfolio of equity securities of firms as represented by the Energy Select ...

My trading view,ERX

Everything prepared for break out.

My trading plan,ERX

Oil was rallying yesterday and today. Stocks were in pullback mode. As oil holding its highs and stocks their daily cycle lows I think there is a decent chance that ERX printed the daily cycle low 3 days ago. It broke out of the descending channel tested back and heading to new highs. I'm writing this before market close so all who not positioned in oil or oil ...

I'm in this vehicle for a ong time. It seems to me that the pullback is done. We broke out of the channel and have the testback. If oil rallies on Monday price will soar after the gap open. Slow Stochastic had just crossed up, RSI left overbought. It's a long . If the main indexes (S&P , Nasdaq, Dow) printed their bottom on Friday it will support the rally in ERX ...

Oil related shares are not buying that SA skipped the deal yesterday. Maybe somone had to open some long positions at suppressed prices today??? ERX, GASL closed the GAP in one hour... This is not the start of an oil decline below 30$....

Buy the breakout of local downtrend. Long ERX - seems to be good idea...