kemosabe

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kemosabe kemosabe PRO UWTI, D,
UWTI: This 3X Long Crude ETN is broken
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UWTI, D
This 3X Long Crude ETN is broken

How badly is Velocity Shares 3X Long Crude ETN is broken? Look at the chart compared with Crude. Adjust the chart to any reasonable short term (daily) time frame one might use for speculation. UWTI can't even track crude, let alone provide 3x leverage at reasonable cost.

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