Replies to post #11496 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[loniee]

That is very impressive!!

[Ownwallstreet]

DXY has a gap to fill, which when looking at the weekly chart, you can see the dollar is in a descending wedge pattern since hitting highs a few months back.

Oil will continue its climb still as dollar retraces.