In recent videos, I highlighted the breakdown & backtest of the primary uptrend line on the XLE (energy sector ETF) daily chart as well as stated the energy sector as one of the better-looking sectors from an R/R perspective for a swing/trend short at this time. Here is my daily chart with some rough price targets for ERY (-2x energy bear/short ETF), subject to revision based on the chart of XLE if/as ERY approaches these targets.
ERY daily Nov 9th