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Forum - VelocityShares 3x Long Crude Oil - UWT   

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From: mykD (Rep: 15) reply to hokk124Date: 05/01/2019 12:57
Forum: VelocityShares 3x Long Crude Oil - Msg #99Thread #674079067 (Rec: 0)
Re: Maduro controls the army - obviously that's the key, let's see if it stay...

FWIW, UWT is likely a buy here. Oil has dropped to months-long support because of the tremendous build in inventory reported today. The fact that the uptrend didn't break with such a horrendous build (9.9 M) suggests the uptrend is intact. This is a good entry point for a trade.



...and I'm about to get money!


Reply to hokk124 - Msg #98 - 04/30/2019 12:51

Re: Maduro controls the army - obviously that's the key, let's see if it stay...

"Has to be a lot going on behind the scenes - and a lot of big interest, big money at stake"

+++

That couldn't be more true as China and Russia have billions invested in Venezuela.
Word is the Maduro regime was going to arrest Guaido today so hence the coup attempt as that is his only remaining option.
Whoever loses here will likely disappear, unfortunately I think it will be Guaido.
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