Replies to post #59 on Direxion Daily Energy Bear 2X Shares (ERY)

[BillyCash]

Nice analysis. This trades inverse to XLE. Rising wedges break to the downside 70% of the time and energy is international (with domestic influence as well). The global outlook isn't the greatest with the economic cycle coming into play. We'll see. This is definatelly a level to watch.



good luck bro!