Wednesday, September 11, 2013
ERY Energy 3X Inverse ETF Weekly Chart Falling Wedge Oversold Positive Divergence
The energy sector has rallied strongly lately. ERY is the speculative and dangerous triple X ETF that moves inverse to the energy sector. The weekly chart shows a beautiful falling wedge. Stochastics are oversold. The green lines show positive divergence across all the indicators. So energy should take a beating moving forward. Keystone bot ERY today opening a new long position. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.