AMEX:DWTI   VELOCITYSHARES 3X INVERSE CRUDE ETN LINKED TO THE S&P GSCI CRUDE OIL INDEX EXCES
622 12 31
Cup & handle
Bull flag breakout

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@BLawrenceM
Disclaimer: https://twitter.com/BLawrenceM/status/619156706103291904 (I'm long alrady)

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Just saw this. Bought at the same price. This looks like it's going to be a very nice trade.
+1 Reply
Yes is already is :) ... beware ..gap is closed to might see some retrace at this lvl
Reply
Lanmar PRO WallStScalper
Yep. I'm ok with a small retracement.
+1 Reply
Yes..me too :) only technical retracements ...overall trend is up
Reply
Hmm mixed signals I see a bearish divergence on 4h tf, 1h and daily for dwti. Opposite for wti.

Looks like the WTI also broke out?

snapshot
Reply
Yahia.Awes Yahia.Awes
Also what about the daily hammer on WTI?
Reply
Yahia.Awes Yahia.Awes
Crude oil futures show a nice support that is holding and perfect bounce at 0.618 fib.
snapshot
Reply
Did my tweet re WTI get u thinking about this mkt? Looks like this correlates to about $46 for WTI futures. This looks right.
In bear mkt surprise will be on the down side.
Jack
+1 Reply
WallStScalper PRO CoolCreekCTA
Just got bores by SP so started to look around and yes! I remembered your tweet :)
Reply
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