VelocityShares 3x Inverse Crude Oil ETN (DWT)

[Wrinkles]

OIH is way oversold and oil needs to bounce here....BUT I also think overall mrkt is going down to mid 2300's next week and fair amount of the mrkt is comprised of energy companies.....So I'm conflicted about oil at the moment....BUT do yourself a favor and look at that chart on OIH, clearly has bottomed and now ready to bounce, question is how high for oil? Is THEEEEE bottom in and run to $58 plus by spring starting now??? OR do we go a lil higher in oil and then go down and test $40/$39 and then head for $58+ by spring? I have no idea....gonna just watch, playing NG long right now.....good luck to you Fitzwell with whatever you decide to do....