$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (D...
$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ if this falls to right around 10.40
you want to take a position.
don't go hog wild crazy because the price of oil could go up a bit further could go up $10 further based off of what's happening with Iran and Israel.
Israel's going to have a massive strike and hopefully they take out the oil refineries and storage facilities and all of Iran.
if that happens you need to use that as an opportunity this leveraged ETF
Pull a monthly chart and you'll see how it trades in a nice channel
but the end game goal is oil prices go to 85-90 a barrel and Trump wins oil prices in a year will be down to the mid 40s and this ETF will be 20 plus dollars
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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