ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[longymickshort]

Oil services should continue to be outstanding nice pick there they are facing a huge labor shortage which in my opinion may add to the downside when people figure that out. Plenty of oil out there. Demand drops initially then spikes down the road in the recovery phase we just saw that with Harvey and it looks like much demand will be lost when Irma wipes out a good portion of South Florida. Knowing when to flip is the trick 47.50 ? - 49.50 ranging perhaps? Just a guess. Lots of big oil hedged at 50 so it might not be easy near term for crude to go much higher than low 50,s . Staying short broke down through support today.