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 BUT this is not to be considered long term analysis this is a trade set up and analysis only for this week. all my trade ideas are influenced by the elliot wave principles if you find my charting helpful please follow.
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