Subscribe in a reader
Bookmark this on Delicious
Itz Pix was stopped out of its position in Proshares Ultra DJ-AIG Crude Oil (UCO) @ $54 having entered March 18th @ $51.50 for a $2.50 or a 4.85% profit. Itz mentioned in this weekends report that WTI was getting toppy & suggested to raise the stop to $55. Positive news from the middle east that should see oil flow easily along with a stronger U.S. dollar has the oil market selling off. Stayed tuned, ITZ may suggest shorting oil via $SCO.