Replies to post #2330 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[BOS-MMT]

Not sure yet. All indicators oversold. But it doesn't mean much if MM still wants to unload. I think we will close around 45.7 this week, or bounce to touch previous trendline which is at 47s. But still keep an open mind to see lower lows.