AMEX:DWTI   VELOCITYSHARES 3X INVERSE CRUDE ETN LINKED TO THE S&P GSCI CRUDE OIL INDEX EXCES
Cup and Handle formation with an oversold indication on the RSI ( Relative Strength Index ). ~195 dollar price target.
Trade geschlossen: Stop wurde erreicht
Trade ist aktiv: Opened a new trade 72 avg.
nice I see you back in a trade : ) lets got this baby rolling : ) I take profit today 98 $ next target 109.5 43 $ for oil a strong support for maybe couple day
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WingedFury DenverNugt
Good job! I'm looking for similar results! :D
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this is a large 1 2 and we go up 3 just give am a time I still holding it and day trade am we go back down on oil to 20 $ from 52 $ or 60 $ don't matter oil still in a countertrend rally I think : )
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if oil in a bull trap and we roll over any day now , we have a nice ride up on this keep all eye on it
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WingedFury DenverNugt
Definitely. Although it's taboo to chart DWTI for some reason, it seems to work just fine. We will see how this plays out in the next few days/weeks.
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I got the same target as well make UWTI as head and shoulder.
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Thank you for your feedback, Vit15! It's clear to see what's about to happen; things are shifting quickly with oil as selling pressure continues to rise.
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Vit15 WingedFury
yes I look at the chart it is suppose to be w4 down to w5, let s it be real.
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