Replies to post #13492 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Peasodos]

WTI is going to collapse below $50 within the week or so.

Very Possible Iran Deal
Very Strong US Dollar
Greece Drama still going on
Peak Summer Driving Season Over
Increased Rig Count
Weekly Crude Inventory Builds
Chinese Stock Market Callapse is just getting started, once the 1300 or so Chinese companies resume trading the selloff is going to continue. There stock market bubble burst.

$ Index $96.97
DWTI Now $92.30
UWTI Now $2.15