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#SCO Nice POP
ProShares UltraShort Bloomberg Crude Oil
Long
#SCO Nice POP
By DarrylUOBKH
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Aug 8, 2019
3
Cheer
Cheer
Aug 8, 2019
After break down of Symmetrical Triangle for both Brent and WTI Crude Oil chart, this ultra short ETF have spike UP.
I believe oil prices will continue to trend lower due to trade war and possibility on china using iranian oil.
Expecting ultimate price target of this ETF $40.00
Thoughts for discussion.
brentcrude
Chart Patterns
Crude Oil
SCO
Trend Analysis
wticrude
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