Tuesday, May 31, 2011

RAISE STOP on Proshares Ultra Crude Oil (UCO)

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U.S. Dollar is lower and commodities are heading higher today. WTI Crude Oil is trading around it's 20ema $102 level, resistance $105/$106.

ITZ PIX suggested re-entering a half-position on Proshares DJ-AIG Ultra Crude Oil, ticker symbol UCO. Entering @ $46 and  now suggested to RAISE STOP to $48. For Chart Click Here
Past ITZ Posts Click Here

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