AMEX:UWTI   VELOCITYSHARES 3X LONG CRUDE ETN LINKED TO THE S&P GSCI CRUDE OIL INDEX EXCESS R
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Possible over correction occurring in oil             , will be looking for a stop limit entry above the current price, likely 19.70. Price may move sideways, but the buying opportunity seems to be increasing if it is going to be moving into a channel. Prior support has been broken, this can be validation that the prices are going to be moving lower, or its being oversold, currently leaning to over sold.
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