Replies to post #4640 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[pleeb01]

I agree this EIA will be meaningful. If US oilers agree w SA plans and continue to ease production then it’ll ramp up nicely. If not..... DA DUMP!!

[longymickshort]

It didn't hold today Crude 56.83 pivot looks like it wants to pull back killed it on the short today went in after that spike that was no dribble for da kid. Big red candle intraday. The WTI chart is showing weakness no doubt that Saudi scandal artificially pumped the price. The WTI daily chart is still in nosebleed territory. Im betting we go lower for a spell.