ERX Trading Signals: Hourly Price Prediction

^ ERX: Intraday Hourly Prediction Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. May. 23, 2023

ERX Trading Signals: Hourly Price Forecast and Prediction

(Direxion Daily Energy Bull 3X ETF)

One month low (close): $49.4800 One month high (close): $62.8000

ERX Daily Change: 2.02% Daily StdDev 3.35% ERX EMA_5_Trend: 1.57% 10Minute StdDev: $0.5979

Latest Price : $53.55(2.02%)

Wed. May 24, 2023($0.4) Tue. May 23, 2023($0.6) Mon. May 22, 2023($0.4) Fri. May 19, 2023($0.9) Thu. May 18, 2023($0.6) Wed. May 17, 2023($0.8) Tue. May 16, 2023($1.1) Mon. May 15, 2023($0.4)

ERX Charts Daily Hourly 15 Minutes ERY Charts Daily Hourly 15 Minutes

Daily EMA5 Trend: 1.57% Daily EMA 20 BBV: -0.1

Sample size 50 Avg positive next hour return: 0.31%(48%) Avg negative next hour return: -0.39%(52%)

i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI
Tue. May. 23, 2023
1	May/23	11	53.79	52.01	52.96(0.34)	53.38(0.34)	53.68(0.45)	54.51	0.2	-10	24(-0.7)	40	[10]	[20]	[16]	88	47	UT	1	HoldLong	(10)	13	18	15	20	1.9,90	54
Daily Trend: % Up Forces: Down Forces: 53.79(daily_ema_20 -1.32%) Support Levels: 53.38(weak_hourly_sma_10 -2.07%) 52.96(weak_hourly_sma_20 -2.84%) Resistance Levels:

2	May/23	10	53.79	52.01	52.78(0.29)	53.2(0.28)	53.44(0.36)	54.15	0.1	-10	25(0)	30	[9]	[17]	[21]	74	46	UT	0.9	OpenLong	(8)	11	46	2	20	1.7,81	54
3	May/23	9	53.79	52.01	52.63(0.19)	53.05(0.06)	53.25(0.13)	53.27	-0.2	-10	25(-1.5)	-20	[6]	[6]	[4]	49	-48	RG	0	Wait?	(6)	4	11	-4	17	0.8,79	54
4	May/22	15	54.1	52.01	52.53(0.23)	53.02(0.04)	53.18(-0.02)	53.07	-0.3	-13	26(1.5)	-25	[7]	[0]	[-8]	43	-154	DR	-0.1	OpenShort?	(5)	-1	-18	-6	-7	0.6,78	43
5	May/22	14	54.1	52.01	52.41(0.19)	53(0.08)	53.19(0.25)	53.42	-0.2	-13	25(0.2)	-15	[6]	[9]	[7]	69	54	RG	0.2	Wait	(8)	8	7	7	20	1.1,91	43

6	May/22	13	54.1	52.01	52.31(0.15)	52.96(-0.06)	53.06(0.19)	53.29	-0.2	-13	25(0.3)	-25	[5]	[5]	[6]	60	79	RG	0.2	Wait	(5)	6	4	1	20	1,85	43
7	May/22	12	54.1	52.01	52.23(0.15)	52.99(-0.02)	52.96(0.23)	53.22	-0.2	-13	24(0.7)	-15	[5]	[6]	[10]	61	90	RG	0.3	Wait	(5)	7	17	6	20	1.1,83	43
8	May/22	11	54.1	52.01	52.15(0.17)	53(0.21)	52.96(0)	52.91	-0.3	-13	24(-0.1)	-45	[5]	[3]	[-9]	48	-32	CR	0.1	HoldShort	(3)	0	-11	0	-20	0.8,78	43
9	May/22	10	54.1	52.01	52.06(0.19)	52.89(0.32)	52.84(0.02)	53.12	-0.3	-13	24(-0.5)	-25	[6]	[5]	[3]	56	0	RG	0.3	Wait	(5)	1	17	2	-20	1.2,76	43
10	May/22	9	54.1	52.01	51.96(0.27)	52.72(0.34)	52.83(-0.06)	52.8	-0.3	-13	24(-1.3)	-20	[8]	[4]	[-4]	43	-147	CR	-0	HoldShort?	(5)	-2	2	-6	-20	0.9,70	43

11	May/19	15	54.58	52.13	51.82(0.27)	52.54(0.36)	52.86(-0.28)	52.76	-0.5	-13	26(0.1)	-25	[8]	[-2]	[-3]	48	-184	DR	-0.1	OpenShort?	(8)	-8	5	-8	-20	1,73	33
12	May/19	14	54.58	52.13	51.68(0.29)	52.35(0.25)	53.01(-0.3)	52.66	-0.5	-13	26(-1.9)	-35	[9]	[-4]	[-9]	49	-203	DR	-0.3	OpenShort	(8)	-9	-16	-13	-15	1,74	33
13	May/19	13	54.58	52.13	51.53(0.31)	52.22(0.37)	53.17(0.45)	52.96	-0.4	-13	27(-0.3)	5	[9]	[20]	[0]	62	69	RG	-0.2	Wait	(10)	14	5	-15	15	1.3,79	33
14	May/19	12	54.58	52.13	51.37(0.29)	52.03(0.37)	52.93(0.55)	52.87	-0.4	-13	28(0)	0	[9]	[23]	[-2]	71	126	CR	-0.1	HoldShort	(9)	17	-10	-14	20	1.4,86	33
15	May/19	11	54.58	52.13	51.22(0.31)	51.84(0.33)	52.64(0.8)	53.05	-0.4	-13	28(1.1)	15	[9]	[30]	[-0]	87	242	UT	0.4	OpenLong	(9)	24	-25	6	20	1.7,94	33

16	May/19	10	54.58	52.13	51.06(0.39)	51.67(0.41)	52.22(1.01)	53.53	-0.3	-13	27(3.5)	25	[12]	[38]	[20]	108	334	UT	1.2	HoldLong	(11)	30	7	22	20	2.3,100	33
17	May/19	9	54.58	52.13	50.86(0.3)	51.46(0.31)	51.7(0.82)	53.4	-0.3	-13	23(4.9)	20	[9]	[31]	[48]	113	397	UT	1.9	HoldLong?	(10)	25	85	28	20	2.8,93	33
18	May/18	15	54.96	52.22	50.71(0.08)	51.3(0.14)	51.28(0.31)	51.82	-0.8	-15	18(1.8)	-15	[2]	[11]	[16]	70	216	RG	0.7	Wait?	(5)	9	29	14	20	1.5,82	28
19	May/18	14	54.96	52.22	50.67(-0.08)	51.23(0.08)	51.12(0.14)	51.28	-0.9	-15	16(-1.2)	-50	[-2]	[4]	[4]	43	245	UR	0.2	SmallShort	(1)	4	14	4	-12	0.9,70	28
20	May/18	13	54.96	52.22	50.71(-0.1)	51.19(0.18)	51.05(-0.14)	51.03	-0.9	-15	18(-1.3)	-50	[-3]	[-3]	[-4]	30	131	DT	-0	OpenShort	(-3)	-4	3	2	-20	0.4,70	28

21	May/18	12	54.96	52.22	50.76(-0.14)	51.1(0.18)	51.12(-0.21)	50.98	-1	-15	19(-1.5)	-50	[-4]	[-5]	[-8]	29	133	DT	-0.2	OpenShort	(-3)	-6	-16	4	-20	0.3,71	28
22	May/18	11	54.96	52.22	50.83(-0.08)	51.01(0.33)	51.23(-0.16)	51.27	-0.9	-15	20(-1.2)	-50	[-2]	[-1]	[-0]	32	133	DT	0	OpenShort	(-3)	-5	9	-4	-20	0.5,69	28
23	May/18	10	54.96	52.22	50.87(-0.1)	50.84(0.28)	51.31(-0.04)	51.11	-0.9	-15	22(-0.9)	-50	[-3]	[2]	[3]	25	146	UR	-0.2	SmallShort	(-3)	-1	15	-4	-15	0.3,67	28
24	May/18	9	54.96	52.22	50.92(-0.1)	50.7(0.18)	51.31(0)	50.84	-1	-15	23(-0.4)	-50	[-3]	[1]	[-13]	18	87	RG	-0.5	Wait?	(-4)	0	-31	-6	-20	-0.1,70	28
25	May/17	15	55.42	52.16	50.97(-0.02)	50.61(0.34)	51.33(0.49)	51.41	-0.9	-18	23(0.9)	-35	[-1]	[18]	[4]	44	243	UR	0.1	SmallShort?	(-1)	15	-5	15	20	0.5,81	32

26	May/17	14	55.42	52.16	50.97(0)	50.44(0.36)	51.08(0.57)	51.5	-0.9	-18	22(0.1)	-25	[0]	[21]	[5]	36	250	UR	0.4	SmallShort	(-1)	17	-13	21	20	0.5,73	32
27	May/17	13	55.42	52.16	50.98(0.08)	50.26(0.32)	50.79(0.89)	51.75	-0.8	-18	22(0.3)	-0	[2]	[30]	[27]	35	300	RG	1	SmallShort	(1)	26	31	31	20	0.8,65	32
28	May/17	12	55.42	52.16	50.98(0)	50.1(-0.02)	50.34(0.56)	51.19	-1	-18	22(0)	0	[0]	[15]	[23]	-1	200	UR	0.9	SmallShort	(1)	17	22	22	20	0.3,42	32
29	May/17	11	55.42	52.16	50.94(-0.06)	50.11(-0.26)	50.06(0.36)	50.79	-1.1	-18	22(0)	-10	[-2]	[5]	[27]	-26	131	UR	0.8	SmallShort	(-1)	11	35	21	20	-0.2,29	32
30	May/17	10	55.42	52.16	50.97(-0.16)	50.24(-0.36)	49.88(0.16)	50.16	-1.2	-18	22(-0.1)	-50	[-5]	[-3]	[8]	-59	51	DP	0.3	OpenShort	(-3)	5	4	10	20	-0.9,14	32

31	May/17	9	55.42	52.16	51.05(-0.18)	50.42(-0.43)	49.8(0.14)	50.08	-1.2	-18	22(0.3)	-45	[-5]	[-5]	[15]	-68	39	DP	0.3	OpenShort?	(-5)	4	28	8	20	-1,7	32
32	May/16	15	55.98	52.26	51.14(-0.23)	50.64(-0.53)	49.73(-0.26)	49.58	-1.4	-22	21(1.8)	-50	[-7]	[-20]	[-5]	-90	-135	DT	-0.2	OpenShort?	(-7)	-8	-9	5	-20	-1.7,3	29
33	May/16	14	55.98	52.26	51.26(-0.16)	50.91(-0.45)	49.86(-0.6)	49.74	-1.4	-22	20(1.7)	-50	[-5]	[-28]	[-6]	-89	-286	DT	-0.1	OpenShort	(-6)	-17	-6	9	-20	-1.7,4	29
34	May/16	13	55.98	52.26	51.34(-0.12)	51.14(-0.37)	50.16(-0.85)	49.85	-1.4	-22	18(1.5)	-50	[-4]	[-34]	[-7]	-92	-386	DT	-0.4	OpenShort	(-4)	-25	4	-2	-20	-1.8,3	29
35	May/16	12	55.98	52.26	51.4(-0.16)	51.33(-0.37)	50.59(-0.88)	49.77	-1.4	-22	16(2.2)	-50	[-5]	[-35]	[-15]	-104	-381	DT	-1.1	HoldShort	(-4)	-26	4	-28	-20	-2.2,1	29

36	May/16	11	55.98	52.26	51.48(-0.14)	51.52(-0.35)	51.04(-1.03)	49.69	-1.4	-22	14(3.3)	-50	[-4]	[-39]	[-35]	-117	-471	DT	-2.1	HoldShort	(-5)	-30	-32	-60	-20	-2.8,3	29
37	May/16	10	55.98	52.26	51.55(-0.15)	51.7(-0.17)	51.57(-0.81)	50.26	-1.3	-22	11(2.1)	-50	[-4]	[-30]	[-38]	-85	-303	DT	-2.7	OpenShort	(-3)	-24	-52	-52	-20	-2.6,30	29
38	May/16	9	55.98	52.26	51.63(0.02)	51.79(0.04)	51.99(-0.27)	51.2	-1.1	-22	9(-0.2)	-50	[1]	[-10]	[-28]	-21	-173	DR	-2	OpenShort?	(-1)	-8	-45	-35	-20	-1.1,57	29
39	May/15	15	56.67	52.77	51.62(0.06)	51.77(0.14)	52.13(0.1)	52.04	-1	-21	9(0)	-40	[2]	[2]	[0]	62	44	RG	-0.2	Wait?	(2)	3	1	-3	4	1,87	29
40	May/15	14	56.67	52.77	51.59(-0.1)	51.7(0.04)	52.08(0.13)	52.03	-1.1	-21	9(-2)	-50	[-3]	[0]	[1]	72	229	UR	-0.1	SmallShort	(2)	4	-12	7	20	1.1,94	29

41	May/15	13	56.67	52.77	51.64(-0.02)	51.68(0.08)	52.01(0.37)	52.26	-1	-21	11(-0.6)	-30	[-1]	[8]	[10]	83	238	UR	0.5	SmallShort	(-2)	11	1	25	20	1.3,100	29
42	May/15	12	56.67	52.77	51.65(-0.02)	51.64(0.04)	51.82(0.43)	52.24	-1	-21	12(-0.3)	-25	[-1]	[9]	[14]	70	246	UR	0.8	SmallShort	(-2)	13	9	32	20	1.1,92	29
43	May/15	11	56.67	52.77	51.66(-0.06)	51.62(0.19)	51.6(0.39)	52.07	-1	-21	12(-0.8)	-30	[-2]	[10]	[12]	51	248	UR	0.9	SmallShort	(-1)	12	15	36	17	0.8,81	29
44	May/15	10	56.67	52.77	51.69(-0.12)	51.52(0.1)	51.4(0.16)	51.79	-1.1	-21	13(-1.3)	-50	[-4]	[2]	[7]	7	188	UR	0.7	SmallShort	(-3)	5	6	27	12	0.2,52	29
45	May/15	9	56.67	52.77	51.75(-0.08)	51.47(0.08)	51.32(-0.08)	51.68	-1.1	-21	14(-0.5)	-50	[-2]	[-5]	[8]	-26	54	DP	0.6	OpenShort?	(-3)	-2	17	11	10	-0.1,27	29

46	May/12	15	57.21	53.47	51.79(-0.17)	51.43(0.06)	51.36(-0.19)	51.37	-1.3	-22	15(-1.1)	-50	[-5]	[-10]	[3]	-57	49	DP	0	OpenShort?	(-3)	-6	15	-5	-17	-0.7,11	25
47	May/12	14	57.21	53.47	51.88(-0.35)	51.4(-0.12)	51.46(-0.35)	51.09	-1.4	-22	16(-4.8)	-50	[-10]	[-19]	[-6]	-75	129	DT	-0.5	HoldShort	(-6)	-10	-4	-19	-12	-1.1,3	25
48	May/12	13	57.21	53.47	52.06(-0.36)	51.46(-0.02)	51.64(-0.02)	51.17	-1.3	-22	20(-3.4)	-50	[-11]	[-8]	[-8]	-58	208	DT	-0.5	OpenShort	(-10)	-1	-5	-19	-20	-1,17	25
49	May/12	12	57.21	53.47	52.25(-0.27)	51.47(-0.04)	51.65(0.02)	51.26	-1.3	-22	24(-1.1)	-50	[-8]	[-6]	[-15]	-42	103	DT	-0.4	OpenShort	(-10)	1	-34	-14	-15	-0.9,31	25
50	May/12	11	57.21	53.47	52.39(-0.21)	51.49(-0.19)	51.64(0.27)	51.9	-1.2	-22	25(-1)	-50	[-6]	[-1]	[6]	-18	206	DP	0.2	OpenShort	(-6)	8	0	-6	20	-0.4,42	25
i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI