Replies to post #8544 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Ryantacular]

Hourly bar NEVER closed above it yet. It only went above briefly. This is the first time an hourly candle CLOSED above it.

The next hour candle hasn't gone below it yet either. But doesn't mean it won't happen here within the hour.

Just an observation.

No lifeguard on duty.