Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,543.53
(
0.31%
)
US TECH 100
29,263.60
(
0.29%
)
Dow Jones
50,708.23
(
0.13%
)
Brent Oil
92.76
(
0.35%
)
Bitcoin
72,690.03
(
-2.91%
)
News Focus
News Focus

Replies to post #13870 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

Replies to #13870 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)
icon url

Peasodos

07/17/15 11:56 AM

#13871 RE: kabanch #13870

All I know is there is a huge number of long positions on oil. If it falls below a certain level it's going to trigger a huge unwinding of those positions.