Wednesday, March 23, 2011

Oil Update: Proshares UCO

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ITZ is suggesting raising the trailing STOP on ITZ PIX portfolio holding Proshares Ultra DJ-AIG Crude Oil (UCO) from $53.50 to $54.50. WTI Crude Oil is trading at near $105.50 on futures link , note EIA weekly report is out at 10:30. Oil continues to react to every headline in moment to moment events.

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