Replies to post #20577 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Peasodos]

That breakout to the upside from the wedge pattern I pointed out earlier failed horribly. December Contract reversed and crashed well below $40.

January contract looks like it will test the bottom support early next week and break through



I'm still short still in DWTI going into next week.