Replies to post #7263 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[trdwatch]

Either way we should be okay since I think we would have bounced off the trend line of UWTI anyway. I set my buy at the gap and missed it by that much...again. It looks like it'll take just below the $50.00 mark to close the gap. $WTI is looking pretty strong though like you said. $100 mark on the USD scared the cents out of it and looks like we're back to trading with it.