Direxion Daily Energy Bear 2X Shares ERY

MarketSetups Premium

JUST AN IDEA, EASY WAY TO SHORT ENERGY SECTOR

Tomasgei

If you like the idea, do not forget to support with a 👍 like and follow or comment. Leave a comment that is helpful or encouraging. Let's master the markets together. Hi fellows, just one of my today swingrades: As you can see ERY bottomed out and forming a bull flag pattern.Rising bull momentum is there clearly represent by divergence on Momentum and CCI...

ericsolan Premium

As ERY broke its minor downward trendline and came back down close to a retest, a long position is entered with a tight stop. Factors leading to the decision: The small recent downtrend has been broken, then price came back near the trendline to test it Price has re-attempted the recent high, showing strength A recent high offers us a place to put a logical...

tonyqs87

- INDICATOR DIVERGENCE

eccenocte

watch this area

mych36

Seems like we can trap some of the people that shorted below the most recent low. I put this trade on awhile ago, but can still get in at a good price.

KholleKhokk Pro+

Might be a good jump here and now. ERY = shorting energy sector. Oil feels not good, S&P feels not good. A+B = ERY at 16.

forker Pro

ERY zoomed the CL. from the south, came back to it and it looks like it get's some MoMo to the upside. Price followed the Forks textbook. So yes, I will try a long with the UL. P!

SeekingDelta Pro

How far can ERY go?? Bye Bye energy.

SeekingDelta Pro

ERY in the cloud. Was that an exhaustive candle on Friday? I hope so. Long ERY for a quick bounce, or I bounce.

rollingw

Oil market continues to see depressed prices with lots of debt on the books. ERY is trending.

eaglestar

Look for upside potential if we break this downward white trendline

one23

This is a chart of the triple-leveraged SHORT energy ETF. The indicator at the bottom shows the departure of price from SMA 50 (classic OB/OS detector), and short ETFs tend to make peaks and troughs easier to follow. Barring a mini-crash similar to that of 2011, the damage should soon stop. That said, another mini-crash or even full-on bear market would not be...