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

AMEX

GUSH

MA50 crossing over MA100 on 1D. This is a bullish signal on the long term. The last two times that pattern was spotted (2017, 2016) GUSH gained around +85% and +47% within 91 and 229 days respectively. This sets a Target Zone of 19.50 - 25.00.

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...

We have entered the buy zone and the technical analysis looks very solid that we have an upward pattern happening.

Daily Chart Ascending triangle, 55 day EMA cross under faster EMAs. Buy on dips.

If GUSH can break out @ $13 and re test that level, then we should move up to the next supply zone at $16. I'll be watching the re test at $13 for my entry.

breaks that pendant, go long to maybe about 18 bucks IMO

With OIL breaking out higher and the stock market moving higher its just a matter of time before GUSH rockets higher. MA cross indicates a BUY.

21 Day Time Frame. Oil & Gas ETF.

Technical Indicators The RSI isn't even close to being overly bought. Moving averages are very bullish Volume is bullish I will hop out at $14.00, although this thing will prob only see resistance at $14.22 next. What will jar me out of this trade is any sudden headline risk, or a gap down on the S&P.

Still think Gush will retrace back to $11.7 today for entry, but Gush is looking good for testing $14

Over correction to U.S. allowing Iran to export oil for 6 more months. Saudi Arabia meets with Russia. Russia has a budget surplus and Saudi Arabia potentially nearing bankruptcy in the next 2 years. U.S. pulls out of Yemen and Syria. Trump's arms deal not finalized. Saudi Arabia budget seems lofty. Saudi Aramco delays IPO. Expect more financial stress on Saudi...

ive highlighted some important numbers in the GUSH etf if crude can gain some positive traction.

$GUSH - Falling wedge into long term $15 support level. Expecting a bounce from this level in near term. Targeting $29 October gap-fill by January. Note: Informational analysis, not investment advice.

$CL_F oversold and highly volatile. Reversal to the upside coming later this week or next.

What's up with that?

Long from 31.10 stop loss at today's low of 30.90. Will be looking for a higher open and a reversal of the slow stochastic. Recent pull back in Brent has reached a support region. Tight stop due to negative momentum.

here is what i think about gush and just a perspective

conflict between the usa and iran , Venezuela , and the middle east is a problem and commodities markets love geopolitical drama