DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 3X SHARES AMEX:​GUSH

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.

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 ...

$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

$GUSH Oversold at Support - expecting to see a bounce off 33.35 support level

Volatile upward momentum, Quick hits Bull flag with floor and new momentum upward, crucial space for movement Use tools of ^price pressure^ dip= trailing buy <37.5 with stop loss at 37, Upward move, Conditional entry above green line, and trailing stop :)

GUSH

So we all aware of the USD is based on oil or the famous black gold that why $GUSH is one of my focus for the upcoming weeks. I'm using supports based pass structures (monthly). with the past market event over all i can see a (rotate) the technology by itself cannot move the market fuel is another way. (Oil & Gas) also if this is the beginning of a bear market ...

GUSH hit new lows and is looking to go up this could go all the way. It past the EMA and now looks to top up to 29 this could be a good next week, every day making gains

If breaks above 'buy trend line' potential nice run upward for a R/R of 6.5 AND 28% profit

Looking at the chart for GUSH. I am looking for a break above the last high (green dotted line). A move higher should signal a continuation of higher highs and higher lows (red lines). I'll buy with a break above. OIL is looking good and other stocks like RIG and VLO seem to be trending higher. Wait for the break of the green line to confirm, and then set your ...

Looks like the energy sector is heating up. Oil USOIL is trending higher, and maybe the energy services will follow suit. I like the GUSH chart here, all the moving averages have turned higher on the hourly chart.

GUSH: channel in a downtrend (LONG)

Here we can identify how the ETF have first an Uptrend ( blue line) and the it goes down ( yellow line).