Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares GUSH

growerik Premium

Fossil fuels / Commodities bubble is about to pop. I'm starting to look for a bearish reversal within the next 2 weeks. Here's a GUSH 1 day chart with my indicators, pi RSI, tickerTracker, Fibonacci MA7, MTTC2.0 beta, Fibonacci VIP, ATRxxl beta and Volume & PivotsHL. Do your own due diligence, your risk is 100% your responsibility. This is for educational and...

ThomasTuanNguyen Pro

Hi everyone, with the volatility we've seen in the energy sector, I think straddle can provide an excellent tool exploiting some of that unpredictability. Premiums on some ETFs and energy stocks can be pretty harsh, I would wait for a flat trading day and try to take advantage of the discounted option premiums to straddle. Be weary of the theta on these, if you're...

moockjake Pro

Entered short today at 180-175. looking very good!

oside4 Pro

$GUSH part of broadening ascending wedge. This pattern is a bearish, but it bounced off support (5/2/2022). I expect it to make a bull run to 200 - a previous high recently. Petro is tightening supplies and now there is talk of trucking crisis this summer. The volatility in equities, commodities, talk of war and russian santions make this something I would not...

soulvibeslive

Theres a gap at 45.000 and on one at 58000, im in. The amount of time it takes to restart oil production... 7 months for fracking 7 years for off shore drilling a push for years on climate change and evs, now we may get gas cards from the government? The MOASS could be oil. In since 44, riding quite nicely on the MA's

Rocky88888888888 Premium

The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of a sub-industry...

growerik Premium

Macro-Economic Calendar watch 2/10 7:00 OPEC Monthly Report 8:30 Continuing Jobless Claims Forecast: 1,615K Previous: 1,628K 8:30 Core CPI (MoM) (Jan) Forecast: 0.5% Previous: 0.6% 8:30 Core CPI (YoY) (Jan) Forecast: 5.9% Previous: 5.5% 8:30 Core CPI Index (Jan) Previous: 284.76 8:30 CPI (YoY) (Jan) Forecast: 7.3% Previous: 7.0% 8:30 CPI (MoM) (Jan) ...

cerealtrades

wti is still in a weekly uptrend, and that could mean bulll ish business for GUSH. i think every time we hit a bottom in monthly oil futures we experience a period of upside with extreme volatility until that pattern of lower weekly highs during reversal breaks on the daily. we are just near treating VWMA as support.

growerik Premium

The obvious bullish "Energy trend" continues since it's 12/20/21 low. Is the no brainer trade getting too easy? How long will this Energy uptrend continue? Well, it's all up to Wallstreet, underlying macro-economic factors and geopolitical events. Usually trends last about a month at a time but might as well stay on the bandwagon until the easy Energy trade...

zaetzj

GUSH (2x BULL Oil/Gas ETF) Macro events are evident and rising that would suggest a further rise in gas/oil prices. Looking at the chart GUSH appears to be consolidating nicely headed to the $107.70 s/t support area. If the $107.70 is broken I would be looking for a bounce from the $103.66 area. This could be a great long term play but I would recommend taking...

CHIEF_MACRO Pro+

A lot happening this week with the fed meeting and someone with power somewhere running their mouth about what "ought to be". This is a relatively high risk trade long or short. To me inflation will prevail and we will likely see speculators continue to drive up commodity prices.

Eloquent Premium

someone say something about oil? 4h squeeze happening right now as we speak, this consolidation is going to tighten until it fires off in the next few days oil hasn't ran in some time, so when it does, i expect an expanded 3rd for this move. has to break through a few levels before it gets there, but i reckon it's going to happen fast. gush calls near end of...

Masalamode

There is A OPeC meeting today that will release tensions and with higher demand there should be a boom soon

solaimanmst Premium

GUSH Just Hit Strong A Resistance. It's Pullback Time. Possible retracement to 77-80 in next 5 to 10 days.

BDRTrigger33

While $GUSH continues to actively fail its previous trade channel, this again represents a solid LONG to 91. This could simply be a "completion of the square" w/in its previous 5-wave ascending channel. It is hopefully just that: Profit Yield still hovers near 20-25% ROI on the position swapping (a long play on $GUSH). BLOOD OR OIL

BDRTrigger33

The general thought is this is the fifth wave of a corrective (Upward trending) sequence. Ideally, $GUSH returns to 91/s as a target w/ again (something I hate) an undefined time range: Play it w/ a position swapping; I advise skipping any additional options contracts you may otherwise have tacked on. Thrive. -BDR

TradingNomadic Premium

Long here

quakefiend

Breakout from descending channel. Looking to exit near the top of the channel unless momentum looks like it can carry it above resistance.