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Energy stocks are getting trashed and so this ETF--Direxion's Daily Energy Bear 3X (NYSEARCA:ERY)--should easily see new highs and beyond before this is all over.

Use any intraday weakness to buy and watch it very closely when it gets to it’s previous highs. If it blows right through it, then hold tight, but I would take half off and see if it finds resistance (click to enlarge).

Long

Source: Best Performing Contra