Showing posts with label UCO GLD USO Oil. Show all posts
Showing posts with label UCO GLD USO Oil. Show all posts

Wednesday, October 17, 2012

WTI Crude Oil Heading To $98

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WTI Crude Oil is testing it's neckline around $92.50 on an Inverted Head & Shoulders. ITZ continues to be bullish on crude and has a $98 upside target. ITZ has used the Proshares Ultra Crude Oil ETF (UCO) on the long side and SCO on the short side.