Replies to post #89 on Direxion Daily S&P Oil & Gas Exploration & Product (GUSH)

[boo boo]

Do you think GUSH is breaking out or filling the gap?

[Sgreg]

And that is the chart I have been watching this whole time. The weekly chart, but I am using the XOP chart. XOP chart is more useful IMO because GUSH has decay and so XOP chart is more accurate. I really see no major resistance in XOP chart until about $25. That would bring GUSH to near $5. August 1st XOP was $25 and gush was about 5.25. Thats the decay factor. However I believe before the end of the year XOP will be back above $30.