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ERX XLE Trade Idea

ERX (3x bullish energy sector ETF) will be added as an official short trade here (current price 27.81) with XLE (1x energy sector ETF) or DUG (2x bearish energy sector ETF) as alternative options for those not able to short ERX.

Price targets, suggested stops, charts & additional notes will follow asap & you can also reference the video posted earlier today for some potential targets on XLE. As with the NUGT short, I just wanted to get this official entry out asap as the possibility of a sharp selloff is elevated at this time.

May 18, 2016 2:20pm|Categories: Completed Trades - Short|Tags: , , |Comments Off on ERX XLE Trade Idea