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

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

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GUSH trade ideas

GUSH from $27.62 to $31MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom of channel (period 39) Stochastic Momentum Index (SMI) at oversold level VBSM is negative In at $27.62 Target is $31 or channel top Stop loss is $26.50
AMEX:GUSHLong
by chancethepug
GUSH Weekly Trend, Fib, & VWAPGUSH has been on an uptrend for 2 years and 8 months and has followed many Fibonacci sequences during that time. Will the bearish fib play out, reverse from the 0.786 zone at $210 and fulfill the -0.27 extension of $77.64? This would align perfectly with a bullish Fibonacci sequence drawn from the low in August 2021 to the high of June 2022. On the bullish fib, the retracement levels at 0.618 ($94.00) and 0.786 ($72.00) create a confluence with the bearish fib extension of -0.27 ($77.00). Time will tell if the bearish fib chooses to play out. With one more leg lower on USOIL, sub $100 is definitely on the cards for GUSH.
AMEX:GUSHShort
by JohnsonLamay
HOMEWORK for Energy season OCT-AprilThe 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 the oil and gas exploration and production sub-industry determined based on the Global Industry Classification Standards. The fund is non-diversified. Do not trade "OPTION " 100% lose Position is alway the best to control your profits Position loading zone "STRATEGY", APPLy pattern strategy VWAP , Double bottom base Base lenght minimum of weeks Base correction <50% from peak pivot points breakout through middle of WEEK Flate base Base length Minimum of 5 weeks Base correction <15% Pivot point Left -side high of base Double bottom base Base length minimum of 7weeks Base correction <50% from peak Pivot point breakout through middle of week . building a Position when you buy a new stock , think about not commiting your entire position in one decision , instead , commit incrementttally making your stock prove it strenght by advancing in price , say your full position for a stock would be $500-1000 for your first position you could contribute $500 at the start and if the stock continues to advance add additional , smaller amounts until you've reach your full position . My strategy technique is "Pyramiding" or "DCA", A"veraging Up" , "buy to cover ", because after a larger purchase , you make smaller one as the stock advance it important that you buy fewer shares with your second and third purchase to avoid running up your average cost , To aovid making follow up buys once the price of the stock is more than 5% above it pivot point entry 1 50% price scale 2.5+5% entry loading zone points entry 2 30% Price scale 2.5+5% entry3 20% price scale 2.5+5% A straegy for incrementally scalling into a position as price rise .. Entry 2 "116" entry 21 "95" entr 3 "74"
AMEX:GUSHLong
by TWRTEAM
GUSH 8/19 expiryGUSH gapped up today ahead of 8/19 monthly options expiry. Here's a GUSH 2022 uptrend channel with a 5 day EMA envelope. As of right now, $179.40 is the next resistance and $119.60 is the main support. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
AMEX:GUSH
by Options360
2
Fossil fuels / Commodities bubbleFossil 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 entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
AMEX:GUSHShort
by Options360
20
Straddle - wait for flat trading day for amicable option premiumHi 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 straddling, make sure you're watching the contracts closely. Not uncommon for some folks to make some money on both sides of the contract when things get this unpredictable.
AMEX:GUSH
by ThomasTuanNguyen
$GUSH Target PT 300 and higherThe 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 or group of sub-industries determined based on the Global Industry Classification Standards. The fund is non-diversified.
AMEX:GUSHLong
by BADQOMOCAWGOWLD
1
Macro-Economic Calendar watch 2/10Macro-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) Forecast: 0.5% Previous: 0.6% 8:30 CPI Index, n.s.a. (Jan) Forecast: 280.39 Previous: 278.80 8:30 CPI Index, s.a (Jan) Previous: 280.13 8:30 CPI, n.s.a (MoM) (Jan) Previous: 0.31% 8:30 Initial Jobless Claims Forecast: 230K Previous: 238K 8:30 Jobless Claims 4-Week Avg. Previous: 255.00K 8:30 Real Earnings (MoM) (Jan) Previous: 0.1% 10:30 Natural Gas Storage Forecast: -222B Previous: -268B 11:00 Cleveland CPI (MoM) (Jan) Previous: 0.4% 11:30 4-Week Bill Auction Previous: 0.035% 11:30 8-Week Bill Auction Previous: 0.140% 1:00 30-Year Bond Auction Previous: 2.075% 2:00 Federal Budget Balance (Jan) Forecast: 25.0B Previous: -21.0B Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
AMEX:GUSH
by Options360
Obvious trend continuesThe 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 reverses. Here's important levels on the 1 hour chart: 52 week high = $124 52 week low = $44.83 SMA200 = $94.99 SMA150 = $95.47 SMA100 = $100.63 SMA50 = $107.45 breakout = $128.64 R3 = $124.69 R2 = $120.74 R1 = $116.79 pivot = $112.84 S1 = $108.89 S2 = $104.94 S3 = $100.99 breakdown = $97.04 GUSH Holdings: Dreyfus Government Cash Management Institutional Shs DGCXX 35.38% Financial Square Treasury Instruments Fund FST Shares FTIXX 10.55% Callon Petroleum Co ORD CPE 1.86% Devon Energy Corp. DVN 1.81% SM Energy Co. SM 1.77% Diamondback Energy Inc. FANG 1.72% APA Corp. APA 1.67% Marathon Oil Corp. MRO 1.66% EOG Resources Inc. EOG 1.57% ConocoPhillips COP 1.52% Murphy Oil Corp. MUR 1.49% Ovintiv Inc. OVV 1.48% Occidental Petroleum Corp. OXY 1.44% Pioneer Natural Resources Co. PXD 1.43% Chevron Corp. CVX 1.42% Continental Resources Inc. CLR 1.39% Range Resources Corp. RRC 1.37% Matador Resources Co. MTDR 1.36% PBF Energy Inc. PBF 1.34% Exxon Mobil Corp. XOM 1.34% Antero Resources Corp. AR 1.33% Hess Corp. HES 1.33% Coterra Energy Inc. CTRA 1.33% HollyFrontier Corp. HFC 1.32% Marathon Petroleum Corp. MPC 1.29% Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
AMEX:GUSH
by Options360
GUSH pullback then retest recent highsGUSH (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 profits quickly, due to the high volatility of leveraged ETF's. This is not financial advice, if you have any insights they are welcome in the comments. Happy trading :)
AMEX:GUSHLong
by zaetzj