Replies to post #37261 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[CashFreeze]

It's pretty clear on the hourly chart the 1st mini shoulder is nearly complete. Might see sideways movement as the 2nd leg develops of a larger H&s. +9 rigs last week with oil under $50. Oil over $51 this week and ?????