Replies to post #4447 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[pleeb01]

Nice call on the reversal yesterday Kam let’s see if oil want under $49 today. Trade well all, and..... QUE DA DUMP!

[BOS-MMT]

Lol, 9EMA is so called trendline. Usually indicates up or down. But it could also be resistance or support. I am thinking we shall not break 49 today? I see some bounce here, but we still have five hours to go, so not quite sure yet. Will re-enter short if we do bounce in the afternoon!