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ERX Is An Energy ETF- BULL

לונג
AMEX:ERX   Direxion Energy Bull 2X Shares
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Are you looking for an Energy Sector Bull ETF? This might be the one, because noted bear trend run has came down from $44 to $24. MACD is crossing and purple noted BEAR trend line (still has not been broken), which would be a 100% confirmation. Last noted candlestick was around $2.00 (green).

You might want to look into this ETF, especially if SPY 500 does an bearish nose dive for rest of year (2017). This would continue to go long bullish trend and give you more stability, in your investments.

The 50% fib. ret would be back up to $34.00, which would be 1st resistance on chart.
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