Energy sector is trading sharply down, and it is hurting the price of energy related bull ETFs. Oil Service HOLDRs (ETF) OIH is down more than 6.5% on a heavy volume. With 8.3M traded shares, it is already close to its average volume of 9.31M shares.
Direxion Daily Energy Bull 3X Shares(ETF) ERX dropped 5.4% so far, while ProShares Ultra Oil & Gas (ETF)
DIG fell approximately 3.95%.
Direxion Daily Small Cap Bull 3X Shares(ETF) TNA is also struggling today. It is trading 3% down.
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