ERY (Direxion Daily Energy Bear 3X Shs(ETF)
Entry: 26.80
SL : 27.10
Partial Exit (3/4th of the position): 25.80
Holding remaning overnight. Expecting it to fill today's gap, hopefully tomorrow.
Expecting target of $24.80 on the remaning position.
Dow: +44.13 (0.53%)
S&P 500" +2.30 (0.26%)
Nasdaq: -9.12 (-0.51%)
Update:
Covered the remaining position at $25.60 the next day (7/7)
ERY was weak early in the premarket but just before the open, it recovered all it's losses and was looking strong. Covered the remaining at the open.
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Just curious if you are keying off of daily chart when you swing? I see a H&S bottom on daily of ERY
ReplyDeleteJamie,
ReplyDeleteThis was just an overnight hold. I was hoping to see some upward bias in energy in the premarket because of yesterday's close.