Oil is in deep trouble and keeps falling, breaking support now at the $44 level. Here’s a chart showing that oil can easily fall to the $42.50 level, then even lower.
There’s no time to waste. I recommend buying ProShares UltraShort Bloomberg Crude Oil, symbol SCO, per the following specifics:
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For ALL Members: Using 3% of the funds you have allocated to this trading service, buy ProShares UltraShort Bloomberg Crude Oil, symbol SCO, at the market. Place a good-till-cancelled protective sell stop at $87.97. |
Go ahead and get this order in. Hold all other positons including yesterday’s recos and the newly bought shares in AKS.
Stay tuned …
Best wishes,
Larry
