We expected oil to battle a bit with it’s 50DMA. The last time it rose to the 50DMA, it pulled back sharply. We watched it this morning, and now that it is dropping a little further than we would like, we decided to sell our UCO position and monitor how it acts here. We can always re-enter the position if it shows strength on a rally back through the 50DMA, but for now, we would … read more Trade Alert