ERX Trading Signals: Hourly Price Prediction

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

Wed. May. 24, 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: 1.01% Daily StdDev 3.35% ERX EMA_5_Trend: 1.01% 10Minute StdDev: $0.5551

Latest Price : $54.09(1.01%)

Thu. May 25, 2023($1.1) 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)

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

Daily EMA5 Trend: 1.01% Daily EMA 20 BBV: 0.2

Sample size 50 Avg positive next hour return: 0.3%(32%) Avg negative next hour return: -0.45%(68%)

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
Wed. May. 24, 2023
1	May/24	12	53.59	52.17	53.6(0.11)	54.15(0.19)	54.1(0.2)	54.19	0.2	-7	20(0.2)	-30	[3]	[10]	[-6]	55	45	CR	0.1	HoldShort	(4)	6	-12	3	-20	1,80	60
Daily Trend: % Up Forces: Down Forces: 53.59(daily_ema_20 -1.11%) Support Levels: 53.6(hourly_sma_20 -1.09%) 52.17(weak_daily_ema_10 -3.73%) Resistance Levels:

2	May/24	11	53.59	52.17	53.54(0.17)	54.05(0.26)	53.99(0.09)	54.43	0.3	-7	20(0.8)	5	[5]	[8]	[10]	68	12	RG	0.7	Wait	(4)	3	24	13	-6	1.5,80	60
3	May/24	10	53.59	52.17	53.45(0.07)	53.91(0.07)	53.94(-0.2)	53.97	0.1	-7	19(-0.1)	-35	[2]	[-4]	[-5]	40	-30	DR	0.1	OpenShort	(3)	-6	-11	-1	-9	0.9,67	60
4	May/24	9	53.59	52.17	53.41(0.06)	53.87(0.19)	54.05(-0.11)	54.18	0.2	-7	19(1)	-30	[2]	[0]	[7]	46	46	RG	0.2	Wait?	(3)	-3	25	-12	6	1.3,63	60
5	May/23	15	53.79	52.01	53.38(0.02)	53.77(0.07)	54.11(-0.17)	53.69	-0	-10	18(1.7)	-50	[1]	[-4]	[-6]	30	-8	DR	-0.8	OpenShort?	(1)	-5	-1	-20	-20	0.6,65	54

6	May/23	14	53.79	52.01	53.37(0.19)	53.73(0.15)	54.2(0.17)	53.7	-0	-10	17(-2.6)	-35	[6]	[8]	[-14]	43	-98	CR	-0.9	HoldShort	(1)	5	-29	-15	-20	0.6,78	54
7	May/23	13	53.79	52.01	53.27(0.28)	53.65(0.22)	54.11(0.43)	54.26	0.1	-10	19(-2.9)	0	[8]	[18]	[1]	83	3	RG	0.2	Wait	(7)	13	-6	3	20	1.6,93	54
8	May/23	12	53.79	52.01	53.12(0.3)	53.53(0.28)	53.88(0.37)	54.38	0.2	-10	22(-2.2)	10	[9]	[17]	[3]	91	13	RG	0.7	Wait	(8)	11	-7	14	20	1.7,98	54
9	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	45	UT	1	HoldLong	(10)	13	18	15	20	1.9,90	54
10	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]	[20]	74	44	UT	0.9	OpenLong	(8)	11	46	2	20	1.7,81	54

11	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	-49	RG	0	Wait?	(6)	4	11	-4	17	0.8,79	54
12	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	-156	DR	-0.1	OpenShort?	(5)	-1	-18	-6	-7	0.6,78	43
13	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	53	RG	0.2	Wait	(8)	8	7	7	20	1.1,91	43
14	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	78	RG	0.2	Wait	(5)	6	4	1	20	1,85	43
15	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	89	RG	0.3	Wait	(5)	7	16	6	20	1.1,83	43

16	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	-33	CR	0.1	HoldShort	(3)	0	-11	0	-20	0.8,78	43
17	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	-1	RG	0.3	Wait	(5)	1	17	2	-20	1.2,76	43
18	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	-150	CR	-0	HoldShort?	(5)	-2	2	-6	-20	0.9,70	43
19	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	-187	DR	-0.1	OpenShort?	(8)	-8	5	-8	-20	1,73	33
20	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	-206	DR	-0.3	OpenShort	(8)	-9	-16	-13	-15	1,74	33

21	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	68	RG	-0.2	Wait	(10)	14	5	-15	15	1.3,79	33
22	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	125	CR	-0.1	HoldShort	(9)	17	-9	-14	20	1.4,86	33
23	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	241	UT	0.4	OpenLong	(9)	24	-25	6	20	1.7,94	33
24	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	332	UT	1.2	HoldLong	(11)	30	7	22	20	2.3,100	33
25	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	396	UT	1.9	HoldLong?	(10)	25	85	28	20	2.8,93	33

26	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?	(4)	9	29	14	20	1.5,82	28
27	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	246	UR	0.2	SmallShort	(1)	4	14	4	-12	0.9,70	28
28	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	132	DT	-0	OpenShort	(-3)	-4	3	2	-20	0.4,70	28
29	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	134	DT	-0.2	OpenShort	(-3)	-6	-16	4	-20	0.3,71	28
30	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

31	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	147	UR	-0.2	SmallShort	(-3)	-1	15	-4	-15	0.3,67	28
32	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	88	RG	-0.5	Wait?	(-4)	0	-31	-6	-20	-0.1,70	28
33	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)	-30	[-1]	[18]	[5]	44	245	UR	0.1	SmallShort?	(-1)	15	-5	15	20	0.5,81	32
34	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	251	UR	0.4	SmallShort	(-1)	17	-13	21	20	0.5,73	32
35	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	301	RG	1	SmallShort	(1)	26	30	31	20	0.8,65	32

36	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	201	UR	0.9	SmallShort	(1)	17	22	22	20	0.3,42	32
37	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	132	UR	0.8	SmallShort	(-1)	11	35	21	20	-0.2,29	32
38	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	53	DP	0.3	OpenShort	(-3)	5	4	10	20	-0.9,14	32
39	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)	-50	[-5]	[-5]	[14]	-68	40	DP	0.3	OpenShort?	(-5)	4	28	8	20	-1,7	32
40	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	-134	DT	-0.2	OpenShort?	(-7)	-8	-9	5	-20	-1.7,3	29

41	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	-285	DT	-0.1	OpenShort	(-6)	-17	-6	9	-20	-1.7,4	29
42	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	-387	DT	-0.4	OpenShort	(-4)	-25	4	-2	-20	-1.8,3	29
43	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
44	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	-472	DT	-2.1	HoldShort	(-4)	-30	-31	-60	-20	-2.8,3	29
45	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	-304	DT	-2.7	OpenShort	(-3)	-24	-51	-52	-20	-2.6,30	29

46	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	-174	DR	-2	OpenShort?	(-1)	-8	-45	-35	-20	-1.1,57	29
47	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
48	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]	[4]	72	230	UR	-0.1	SmallShort	(2)	4	-12	24	20	1.1,94	29
49	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	239	UR	0.5	SmallShort	(-2)	11	1	28	20	1.3,100	29
50	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]	[10]	[13]	70	247	UR	0.8	SmallShort	(-2)	13	9	23	20	1.1,92	29
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