ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[kamakiri]

I was a full dollar low and day early on this 'shoulder' prediction, but called the 'neckline' level...and looks like lower is right for now. New channel down lining up as predicted by price action on the 5th. As usual, we'll see!

Might only spike back to where it is now mid~$45 if WTI drifts down to 'neckline' overnight near upper $44s. If it does that, we could see $42.0 again early next week.