Proshares 2x Short Oil ETF (SCO)

[Lowjack]

The best place is always that shinny yellow metal.

This is just a tool to further that goal. Some think it is the best tool when shorting oil.

https://www.investopedia.com/articles/etfs/top-inverse-oil-etfs/

P.S. $60 oil is too high.

OPEC+ should be charged with price manipulation.

[JohnCM]

If you think $90 per barrel is too high, is SCO the best place to park some CASH?

[Lowjack]

Here's where to put the stairs!
https://schrts.co/hxtVjNUh

[JohnCM]

IN

$9.405

[JohnCM]

[Lowjack]

Was outside the top BB. Whack away.
https://schrts.co/cBKrCjCI

[JohnCM]

Is now the time??

[JohnCM]

I like your thinking.

[Lowjack]

About ready to whack this mole!

[littlejohn]

added today after buying yesterday...


lot of pump money out there,

but the numbers heavily weigh

against the oil price pump now...


so we watch...LJ

[Michael TRed]

Beat up for to long. BULLI$H

[Lowjack]

[JohnCM]

[Hattori Hanzo]

Down ~$9 from highs.......let it burn


Weeeeeeeeeeeeeeeeeee

[Hattori Hanzo]

Inflation rising again, federal reserve gonna have to be more aggressive with the stimulating of things. Should be bad for oil.....

[Hattori Hanzo]

Weeeeeeeeeeee

[Hattori Hanzo]

Here we go

[Hattori Hanzo]

Crude began what should be a $8-10 slide.....July looks even worse

Position here is a no-brainer

[Chart Ingman]

https://www.proshares.com/media/documents/ProSharesTrustIIAnnualReport.pdf?param=1616596018724

[Chart Ingman]

Nice daily candle. Pinch play, playing out. Will chart resistance and support. Great volume.

[Chart Ingman]

Shorts my have it in the SHORTS

[Chart Ingman]

https://nakedshortreport.com/company/SCO

[Chart Ingman]

Last year April to May 302% run. July to Sept 63% decline.

[Chart Ingman]

ADX Pos Di Cross, great support and the SAR flipped.

[Chart Ingman]

Would be nice to pop through the SAR today. Right in the middle of the Boli's with great ma support.

[Chart Ingman]

Took a position today. Should have yesterday when it hit the scan, but I wanted 1 more level of confirmation, got 2 confirmations.

[Chart Ingman]

Pinch play setting up.

ADX PPO pinch. 5dma about to cross the 10dma. fast and full stoly turned up. Trix 6,3 and 9,6 have crossed the signal line. RSI and williams heading to 50

[luckydude777]

Oil is top heavy IMO. Price coming down. Major oil companies just got downgraded an hour ago. Bought SCO at $8.35.

[jablome]

up and up

[jablome]

nice little pop today lookn good into friday

[JRT]

Averaged down this morning. Looking for $19 again in the very near future

[jablome]

got a 15.75 bid in

[jablome]

lookn real nice

[jablome]

got in 16 .15

[Pisd]

Boy Have I FAILED on the oil trades ouch...

[fitzwell11]

Looking good here. Oil moved $6 to $41 with no pullback

[surf1944]

https://www.stockscores.com/charts/charts/?ticker=sco

Worth a trade on the long side!

[fitzwell11]

Ridiculous. That storage report was horrible. Oil is being propped up on nothing but air

[JohnCM]

Yes.

[dealerschool2006]

NRGU has more upside, I finally took some time to look at it as oil reovers...

[JohnCM]

I agree, BUT my choice is NRGU.

[NATURES WAY]

SCO could double from here. Target 37.

[fitzwell11]

Loading $19. Crudes move is way way way overdone.

[fitzwell11]

Oil in a free fall AH weeee

$SCO

[fitzwell11]

Oil has much much further to fall

[fitzwell11]

I’m here and loaded all week

[fitzwell11]

Crude getting smacked. We like ittt

[Crazy Money]

That's O.K. ... gonna go up anyways

[Crazy Money]

Nobody here

[Crazy Money]

$25 TO DA MOON ... SCO