ERX (XLE) - Before we broke out (25.08.2016.)
ERX (Direxion Daily Energy Bull 3x Shares) and XLE (Energy Select Sector SPDR ETF)
ERX: The Fund seeks daily investment results of 300% of the performance of the Energy Select Sector Index.
ELX :The Fund seeks to provide investors with a low-cost "passive" approach for investing in a portfolio of equity securities of firms as represented by the Energy Select Sector Index.
We are maybe just one or 2 days before the biggest breakout of this year.
When bulls, sideliners, bears, perma bears, perma bulls , TESLA car owners realize that oil is not going down but going up suddenly everybody will want to buy oil related shares. Anything what is related oil.
That will happen when oil breaks above the previous high at 51.55$.
I tell you what you will see in ERX :
GAP. Green candle. GAP. Green marubozu. GAP. Small green candle. No gap. Big green candle....
Maybe today was maybe tomorrow will be the day when you need to get positioned here.
ERX or XLE.
ERX: The Fund seeks daily investment results of 300% of the performance of the Energy Select Sector Index.
ELX :The Fund seeks to provide investors with a low-cost "passive" approach for investing in a portfolio of equity securities of firms as represented by the Energy Select Sector Index.
We are maybe just one or 2 days before the biggest breakout of this year.
When bulls, sideliners, bears, perma bears, perma bulls , TESLA car owners realize that oil is not going down but going up suddenly everybody will want to buy oil related shares. Anything what is related oil.
That will happen when oil breaks above the previous high at 51.55$.
I tell you what you will see in ERX :
GAP. Green candle. GAP. Green marubozu. GAP. Small green candle. No gap. Big green candle....
Maybe today was maybe tomorrow will be the day when you need to get positioned here.
ERX or XLE.
Comment:
Just to see the potential:
