For UWTI, I am in agreement with ryan. If it bounce off of 3.30 one more time, that probably is the low and I will most likely buy at that point. Not wanting the commodity to head below 58 after I buy so I am being cautious.
For UGAZ, I won't touch it in the next two days unless I see low 2.80's to high 2.70's. Like to see a bounce off the trend line and have a nice 2-3 day flip on my hands.
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