CRUDE OIL CHART, KILLIN IT -> MY TARGET SELL ZONE

16 באוק׳ 2015

I am in UWTI: a 3x leveraged ETN based on the price of crude. Red triangles were my recent long DWTI positions and green triangles were UWTI positions. Fib retracement shows confluence zones, suggesting support. However this is a rising wedge in my opinion. My personal experience with them is neutral, but it can break either way.