ProShares UltraShort Bloomberg Crude Oil (SCO)

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Latest SCO Comments

Monkey Oil May 07, 2017 2:44PM GMT

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There are Two targets to watch now that this shows the bounce off the top line that also is in the mirror on the left. first target would show a retrace to match. however we have the Long term 1 year Trend line that broke so this can drop further to test that line shown in Red arrows.

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Play Bothway May 15, 2017 4:44PM GMT

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Oil hit stagnant 49.29 resistance. Wonder why short has not covered yet or oil bull ran out of gas?. Anyway, perfect time to short maybe post 5/25, where ppl sells on the news. Just my opinion but I prefer to look at yr chart.

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Monkey Oil May 16, 2017 12:42PM GMT

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Option expiration this week will send shorts to the exit.

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Monkey Oil May 16, 2017 9:28PM GMT

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Got stopped out looking to go back long again soon.

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Play Bothway May 19, 2017 12:33AM GMT

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POM, I think oil took out the 49.29 resistance and will run up till May 25, pending tomorrow rigs up number not that bad (or maybe it ignores). What is the upper number you have in mind?. Thanks, Play Bothway.

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Monkey Oil May 19, 2017 12:25PM GMT

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Yep still long here.

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Monkey Oil Apr 22, 2017 2:44PM GMT

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As show the Gann Fan for Crude oil has the chart in the 1/2 channel not the 1/1 this means Crude is trending. if we wave count that Trend there should be 5 waves. this shows 2 have completed and it is consolidating for the 3rd wave down.

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Monkey Oil Apr 22, 2017 3:09PM GMT

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Again we are Talking Mirrors or repetitive cycles. Good Luck.

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Monkey Oil Apr 21, 2017 1:12PM GMT

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The New mirror that has confirmed

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Monkey Oil Apr 21, 2017 3:30PM GMT

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Just fallowing up on my earlier call today MUAAHAHAHAHA...

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