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keifer
May 19, 2020 8:06 PM

UCO/USD Wave 3 begins. 

ProShares Ultra Bloomberg Crude OilArca

Description

Hello friends,

This was a strange and difficult chart to do today. There is no real history except for the huge dump we see on the weekly chart that starts at the top and ends right where wave 1 begins. I am not certain how well this will turn out but here you have my details on the chart.

Good Luck
Cheers!

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Comments
gotoGECKO
hey keifer is there an update here?
keifer
patrickcraig47
Hey keifer how you think uco going ,is it a hold in your opinion
Baero-Trading
Crude +1.2mln
Cushing -5.1mln
Distillate +1.4mln
Gasoline -2.1mln
#OOTT
keifer
@Jetter2, Can you explain what you're trying to tell me? Thanks!
patrickcraig47
@keifer, hey Keifer do you think UCo would be good to hold for altering buying in this am
patrickcraig47
@patrickcraig47, sorry for typos
How long you think it would be good to hold.
keifer
@patrickcraig47, Ride it out with appropriate stop loss. I will update this later for you.
keifer
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