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oside4
2022년 5월 4일 오전 5시 13분

GUSH bullish for swing trade 

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

설명

GUSH part of broadening ascending wedge. This pattern is a bearish, but it bounced off support (5/2/2022). I expect it to make a bull run to 200 - a previous high recently. Petro is tightening supplies and now there is talk of trucking crisis this summer. The volatility in equities, commodities, talk of war and russian santions make this something I would not hold long. Bear break below the support side of the wedge could be falling knife.
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