VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Sgreg]

Brent crude has been up all day, almost all day. I know UWTI trades off of WTI crude not Brent however I think it is wise to keep an eye on both. Brent and WTI most of the time trade hand in hand but sometimes one will get ahead of the other either direction at times. Remember that doji in January that WTI had at 27 and then it went on a multi-day run? Well that same day that WTI was a little green with that doji Brent was red. Rollovers have rolls to play with that too but there are other times where it happens and neither is rolling over. Both should be watched is all I'm saying.