We have been watching for an opportunity to trade oil. After a nice bounce, oil has pulled back, while at the same time, XLE- which is an ETF of oil companies, has produced a double bottom. If the bottom holds, we could see a bounce here, that would likely stall for a bit at the 50DMA, but if it makes it through, the 200DMA is a likely target. Bought 10% size of UCO @ $13.82 … read more Trade Alert