Monday, March 21, 2011

ITZ PIX UPDATE: Proshares UCO Raise STOP

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WTI Crude Oil is up today Futures Link trading around $103 per barrel. Itz suggest those in the Proshares Ultra DJ-AIG Crude Oil ETF (UCO) raise the current STOP from $50 to $52.50. In pre-hours trading UCO is trading $54.00. UCO was entered Friday March 18th @ $51.50.  Note the oil market is very volatile, ITZ suggests using a trailing stop. Follow ITZ on Twitter for up to the minute alerts, Itz is also on Facebook.

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