DIREXION ENERGY BULL 3X SHARES AMEX:​ERX

After a horrendous freefall, ERX consolidated for 8 weeks. Now taking out resistance.

erx after an incredible run has pulled right back to major support with markets going green here we could be in for a multi-day bounce here. this looks decent for a swing entry with a 2 dollar stop . there is no resistance till the 35-36 area for a first target

MACD crossover and RSI 2-Strategy showing bullish behavior on ERX. News favors trend with Nebraska clearing the path for the Keystone Pipeline through the state.

Look for break lower. $XLE demonstrating similar bearish formations.

Hold Long, ERX looking like it wants new highs

Decision time

Just watching this one. Looking for an opportunity to buy.

Target is the previous high

- MACD DIVERGENCE - HORIZONTAL RESISTANCE - WAVES CORRECTION ---- BUY ERY

I am thinking about buying ERX the 3x energy etf into my mid/longterm portfolio. Also a little late already, however, on a 1-2 years horizon i think there are good gains to be made.

ERX looks like it completed a bottoming pattern similar to an inverse H&S with increasing volume. It has closed over the 50 day MA for three straight days, and the 10 day MA should close over the 50 day MA today as well. These will both be firsts since it has been searching for a bottom. Momentum is picking up as it sits at a major long term inflection point.

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