Replies to post #31823 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[acrazjo]

I remain in cash, this can go either way! It certainly looks strong for a base to higher highs but has to reset eventually. Hope to nail the turn down at some point later this week.!

[Ican]

Its having a hard time staying above 1.93. Think ill join the party and short the market over night

[SgtJBone]

I decided to do a lowball @1.80 in case it drops and hold overnight, even if it gets to 1.84 then I'll jump on it. it's been red most of the day so tomorrow might see a little uptick.