Replies to post #423 on Direxion Daily Energy Bull 2X Shares (ERX)

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I saw conflicting articles. When you see all investment drops in rig count.. Tells me storage issues if any will only be temporary.

I've been trading this eft based on gaps filling and been doing pretty good. Gap now is 53.95.

Contango is not an issue here... Stay far away from UCO.

You might look at TRP, they are pipeline but might also store.