DIREXION SHARES ETF TRUST DAILY S&P OIL & GAS EXP & PROD BULL 3X

NYSE ARCA & MKT

GUSH

This corner trade has now revealed itself. With a clear wash and rinse into structured support. Waiting for price to come back into a buy order and a structured stop below. This proposed trade will offer 14 X return to risk levels. Buy order set at 2.64 with a current stop of 2.45 Current Targets Selling 50% of position at each are: Target 1 at 4.52 Target 2...

Atempted corner trade on OIL

YEP YEP YEP

stair step pattern but uso still has huge gap fill down. Watch

asdf

Oil and gas looking good

watch

Today, Houthi rebels blew up half of Saudi Arabia's oil production. Oil is up 9% tonight, which means GUSH, ERX, and other oil and gas securities (i.e., GE, RIG) are going to go to the moon tomorrow. I'll be buying at the open of the premarket session. Gold and other metals should also benefit from the general sense of international insecurity, so NUGT, JNUG, and...

Looking for a break above the 50EMA. RSI is at 54 which is where we want it. A break above will confirm a trend reversal and this should go up.

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Could this be a reality - The minor oil companies are heavy oversold and have lost a lot. maybe get some help from the oil data of the stockpiles of today. Stay TUNED

GUSH Reversal? An idea I'm considering but its a bit complicated to trade this one. 3X ETF containing a bunch of nat gas an oil stocks. Very high correlation with XOP. Watch out for decay if you plan to hold. HONOR YOUR STOP and don't be greedy yet. Here is a screenshot of the 3 tickers shown in the idea cart. i.imgur.com Oil (/CL), Nat Gas...

Today oil surged on news of a huge US crude oil inventory draw. The draw was big enough that oil may continue upward for the rest of the week. Other good news today included higher-than-expected compliance from OPEC members for production cuts and higher-than-expected oil imports to China from Iran. That means demand is a little stronger than expected, and...

Signs of a bottom?

According to ValuEngine, one of the better analytics firms, oils and energy are the most undervalued sector right now. VE estimates that this sector is undervalued by about 32%. Meanwhile, crude oil is in an uptrend. OPEC is looking at supply cuts, geopolitical tensions with Iran are heating up, and US crude oil inventory just posted another large supply draw....

Long

GUSH Long downtrend broke added on dip

TraderNoxtreme here. $GUSH has been falling HARD the last two weeks roughly and people have been longing this hard on the way down. The media is now really starting to HYPE the trade war which is leading to increased uncertainty in oil/nat gas. $GUSH is a 3X ETF that has a bunch of oil and NG companies in it. It just bounced off a 3 YEAR low this week at around...