Replies to post #4456 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

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Looking at my daily chart theirs a good chance it will at least test 48.80+/-. My charts say that's about a 50% retracement of oil's last positive upmove.I'm not going to try to play it that close to the vest. If there's real strong support at 48.90 or so, I'll step on the side or maybe daytrade the tiny bounces up. If if breaks on below 48.80... well its gravy until the next support level. Trade well be safe.