Replies to post #113 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[btrain]

My last post was an error. Please disregard. The weekly $WTIC and highly volatile 2X oil UCO are near, or at a long term bottom point, or buy point with crude oil now at $72.77. All these points are off-set by the US Dollar and the $VIX volatility index now at 33.21. If they rise during this area of support, then a failure of the weekly chart may also occur.

I will be adding to my oil position near-term.

I am sorry I did not remove my last post while I could.

btrain