Replies to post #17419 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[CyclicalTrader88]

55-56 would put is in the $20's.

[reyprimero]

Your chart estimated coincide with mine too ,$57 come very soon .IMO

[kamakiri]

Agree with your chart/analysis. Low side target $56 and high side $59. We should see that in the next 6 weeks or as the MM and OR shorts finish covering.

Could be higher if it overshoots. My high side assumes market sentiment as similar to end of June. Sentiment should be more bullish than that now.