Long Direxion ERY

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ITZ has entered the Direxion ETF Daily Energy 3X (ERY) having entered 1/4 position yesterday @ $20.65 & today @ $20.20. ITZ had been long the XLE via ERX entering a 1/2 position on 2/3/14 @ $71 and scaling out @ $84, $86 & $88.

Below is a 60 minute chart of the XLE.

ITZ Weekend Update 2-15-14

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ITZ takes a look at the S&P500 & $CPCE; Gold & Silver Wheaton; the energy sector via ERX & crude oil/ SCO.

Gold & SLW link

SLW Price Objective $30

Energy: ERX link  SCO link

 

 

BUY Energy ETF: ERX

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Getting back into Direxion Energy Bull etf (ERX)