Replies to post #2407 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[pleeb01]

I think that move up is probably due to USD weakness. But yes I agree very interesting indeed. Good morning to you and everyone. Good trading today.

[GuTA]

Yep... EIA should confirm direction the rest of the week.

Right now Brent is printing a pretty bullish candle engulfing yesterday's bearish print.

This candle holds and we close above 52.00 with a bullish EIA and we could see a nice little breakout into weeks end