Replies to post #16947 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[kamakiri]

Are you kidding All Day? Looks NOTHING like what's going on right now.

[reyprimero]

All day ,with due respect but that chart you showing it's nothing like the WTI's chart actually ,the actual pennant it's happening in a strong reversal from last month 8/25,this consolidation time it's very necessary and healthy to reach a new highs ,very soon ,next week,R/S going to trap a lot of shorts in play,IMO