Friday, October 25, 2013

Short The XLE

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ITZ is taking a full position in Direxion ETF (ERY), which is leverage 3xs Inverse to the Energy Select Sector SPDR Fund (XLE).

XLE largest positions   XOM   CVX  SLB    daily charts 




2 comments:

itzstockchartz said...

ITZ stayed with ERY Nov 18th even though it tested but didn't close below $21 stop. *posted per Twitter.

itzstockchartz said...

ITZ exited ERY @ $20.70 on close below $21 stop. Will most likely re-enter, since XOM & CVX are extend and both the largest position in the XLE.$20.70 - $22 = (1.30) -5.9%