ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[btrain]

Oil only moderately up testing the 20DMA resistance, Gold down. and the dollar is holding Pivot Point support at this time $25.27/UUP.

I expect that these prices may hold throughout the close as I mentioned before. The ECRI LEI has been declining steadily since peaking in October of last year. We can expect slower economic growth in coming months. Euro LIBOR remains at elevated level despite rally in equities yesterday.