UWTI is a tough one right now, seems the expectation for OPEC is that they will keep pumping, so maybe any surprise is to the upside but really a coin flip here. What actually bothers me is how weak it is in relationship to the dollar in the last week or so. As for UGAZ, I'm thinking we're near the bottom for next run up, actually wouldn't mind seeing another small move down or two to load more. I'll be loading from here, just started yesterday evening @1.88.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.