ITZ is looking to re-enter Proshares UltraShort Crude OIl (SCO) should crude cross below $109 a barrel. We could see a limited U.S. strike on Syria this weekend, since President Obama made 'cross the redline' comment, we have to act otherwise lose credibility.
ITZ will re-enter at 1/4 position increments - follow on TWITTER
Greg Priddy, Eurasia Group, provides perspective on how Middle East unrest is
impacting energy prices, including a reduction in production in Libya.
3 comments:
Re-entering $SCO $27.35 with 1/4 position with crude below $109. Using $110 as stop or $26.80
raise stop to $27.50 on earlier entry
$SCO $27.50 STOP HIT exit +$0.15
Post a Comment