The_Unwind

DRIP Triple Bear OIL ETF BUY ! BREAKS OUT LONG BASE

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AMEX:DRIP   Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
DRIP Direxion's 3X BEAR ETF on S+P Oil and Gas Exploration Index
broke out of a multi week 4 Hour BASE PATTERN on 8/15, rising 14 % to Cl. 7.56

Price rise out of the Base in DRIP means that Crude Oil has, at the minimum.
put in a price high near $75 in near term futures this summer, and the path of least resistance now may be to the downside.

THE_UNWIND




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