Replies to post #9502 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Ryantacular]

Yeah the daily will have a thin line passing through it , meaning the price went through it. But won't have a bar closed below it because didn't close below it for the day. I'll add it to the top when I get home

Smaller the time frame, the more precise and can't get a long term picture for such a short term. For example. The minute chart and 15 minute chart has had plenty of closes below it over the time

[Ryantacular]

Weekly trend line for you. Can't always get caught up on short term. Gotta look at the whole picture. Use all tools available not just one.

[Ryantacular]