The Oil industry is weeks away from collapsing. (GUSH)

Short

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (AMEX:GUSH)

AMEX:GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

trendanalysis oilshort oiltrading oilcrash

I'm currently short on Oil by shorting GUSH and longing the inverse DRIP. Besides global economic uncertainty, the markets are still showing weakness and not showing any signs of recovery. Also on the 2 day chart, every death cross or green dot shown on my indicators has always resulted in a massive dump.

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