We exited our UCO trade as oil battled the 50-Day Moving Average (DMA). After a few back and forth moves, oil is decisively breaking above this moving average again. We are going to re-enter our 10% UCO, and will use the 50DMA in USOIL as our stop. This way, we are in if it takes off from here, and we are out with a very small loss if oil is not yet done battling with … read more Trade Alert
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