DIREXION SHARES ETF TRUST

GUSH NYSE ARCA & MKT

Antikythera_Mechanism

XOP Minor Wave : sqrt(16^2+16.02^2) 1. Possible End of Down Trend at Previous Thursday Low: sqrt(16^2+16.02^2)*((32.732+.4142+.382)/4) = 190 days (9/25/2020) 2. Possible minor high on next Wednesday: sqrt(16^2+16.02^2)*((33.732+.4142+.382)/4) = 195 days (9/30/2020) 3. The descending wedge pattern is getting tight and it's becoming riskier to short Gush...

infsuresh

Gush Breaking down

mlukebarrow7

Just messing around

rossm44

this is a trade idea on GUSH the s&p oil and gas index. This week looks like it MAY be bullish but this index seems to gap often and drop quickly. it appears that the down trend in the long term has worn out but the goal is always to get the pieces out of the market and not overhold trades. the entry and exits are shown on the chart. the risk and reward is nice...

jfs2152

Just an idea!

anand_swamy

GUSH has the potential of falling hard due to it being leveraged. Covid cases are also rising like crazy, yesterday was the day with the highest reported cases, and with the reopening of many states, this could cause another lockdown, which would hurt oil, and cause GUSH to crash. It is also being pushed down by its MA, which would not be hard to break, but it...

acostaricardo26

Found the Market has respected the last support zone. On the one hour, I found a hammer candlestick. ON the FIB found the market respected the 50% FIB Using the RSI we can see the share is undersold. Our moving average has crossed showing a possible uptrend forming . AMEX:GUSH

mykonchince

AMEX:GUSH GUSH, provides 3x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. These leverage funds are designed to move three times the daily change in the underlying index. The EFT has taken a significant beating and poses significant investment risk. The coronavirus and Saudi “price war” have...

bodeen88

I think people will start buying gas again when they start going back to work. So I think some of these brutally battered oil companies will recover. Diversify with an ETF, it's good practice. I would also check out WTI.

coinslayer191

1st Published Idea. Would love feedback on this. This is a chart that has respected the Fib all the way. The price action in the last few days has definitely been bullish but it just ran into a few key resistances, but in the channel and the Fib. It's likely to see one of a couple of responses... 1. It either dips for a bit (D) to consolidate for a big push...

DrunkenCrypto

retrace targets .382, .618

MagicWeedBusTrading

a Lisa retracement is imminent...

AngusMcK

GUSH is the bull version of DRIP (the inverse Oil & Gas) ETF. With Oil prices and energy stocks in general taking SUCH a beating this could be worth a look if you think they will go back up at some stage. There might still be some turbulence ahead, but worth a watch. Definitely worth Googling or talking to your broker first as leveraged ETFs can be a bit trickier...

MagicWeedBusTrading

14,000% increase?????

Sen_Crypto

EOSUSDT VS GUSH EOS Bulls needs to hold support at 1.5-1.7 See chart

anand_swamy

Oil and gas have fallen drastically since the beginning of January when Russia and Saudi Arabia decided to lower oil prices to drive the Americans out of business. However, even though these two oil giants have extra money, they need to make profits and in turn, raise prices. This will cause the stock to rise, and since it is a 2x leveraged ETF, it will rise twice...

wolf_rojo

down pls kind sir

leshacat

Hey everyone :) I am not a good trader, please do not copy me. I usually trade crypto but I suck at TA. Not financial advice. I was wanting to pick up some Oil and I decided an ETF is better... This ETF is 3x leveraged. I bought in 399 shares @ $1.06. Shortly after the price dropped down to $0.94 and bounced back up to ~$1.59 just before close, printing a...