SureTrader
Home > Boards > Other Markets > ETFs > Ultra DJ-AIG Crude Oil ProShares (UCO)

But does it work for crude? How well

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
kamakiri Member Profile
Member Level 
Followed By 50
Posts 4,429
Boards Moderated 1
Alias Born 07/21/15
160x600 placeholder
kamakiri Member Level  Friday, 10/06/17 11:23:39 AM
Re: BOS-MMT post# 4451
Post # of 4813 
But does it work for crude? How well did it serve you on 9/29, when signs of turning were already forming on 9/28 and pretty clear by 9/29?

I say treat it as a 'maybe' momentum indicator. It's consistently 'late' as a pivot/turn indicator with crude, IMO.


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist