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bradugs
May 21, 2020 3:42 PM

SCO Oil Inverse Trend 

ProShares UltraShort Bloomberg Crude OilArca

Description

The trend I referred to in my WTI chart earlier today: possible long for the inverse ETFs if oil can’t fill the gap; however this trend on SCO could just as easily not hold if oil does manage to fill the gap due to reopenings.
Comments
Baero-Trading
Need to come over to UCO for a bit...Oil is being propped up by Fed
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