While DRIP still appears poised for a reverse & substantial rally soon, the official trade hit the maximum suggested stop of 5.89 yesterday & will be moved to the Completed Trades category. Previous & updated 60-minute charts:

DRIP & XOP remain on watch for another potential short trade on the Oil & Gas E&P sector with the next objective entry to come on a break above this bullish falling wedge IF crude oil confirms at the time.

With a suggested beta-adjusted position size of 0.35, approximately 1/3rd of a typical position, due to the 3x leverage, the beta-adjusted loss on this trade is 1.6% (4.5% total loss X 0.35)