Replies to post #4835 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[THREE-DAY-TRADER]

Another stiff sell off!! Breaking that "43" Oil mark, which could be that 'falling knife' developing.
And UWTI is breaking at new lows 1.92 and dropping thru 'Clay Trader's' video technical levels of the next Fibonacci levels (2.17 & 1.98).
Next? 1.80 area perhaps. That might be an area I'd plot to buy for a technical rebound soon (as of this post is my idea)